BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

OpenAI, SoftBank invest $1B in SB Energy’s 1.2GW Milam site.

OpenAI and SoftBank to invest $1 billion in SB Energy to expand AI data-center capacity

  • OpenAI and SoftBank Group are jointly investing $1 billion into SB Energy.
  • Each investor is contributing $500 million to fund next-generation AI data centers in the United States.
  • SB Energy will build and operate a 1.2 GW data center site in Milam County for OpenAI.
  • SB Energy is developing multiple multi-gigawatt campuses, with initial facilities under construction.
  • Those initial facilities are expected to enter service starting in 2026.

OpenAI and SoftBank Group are each investing $500 million into SB Energy, for a combined $1 billion investment to build next-generation Artificial Intelligence data centers in the United States. The funding supports faster development as demand for AI compute accelerates and will back SB Energy’s multi-gigawatt campus plans.

- Advertisement -

SB Energy, a company within the SoftBank Group corporate family, said it has secured the investment to expand its data center projects. The company is already developing several multi-gigawatt campuses, with initial facilities under construction.

The initial sites are expected to enter service starting in 2026. In a related move, OpenAI has selected SB Energy to build and operate its 1.2 GW data center site in Milam County, strengthening the partnership between the organizations.

The joint investment aims to accelerate capacity for large-scale AI computing in the U.S. and support the rapid growth in demand for specialized data-center infrastructure tied to advanced AI workloads. The partners did not provide additional financial details beyond the $500 million commitments from OpenAI and SoftBank Group.

The original article included a social share image for an Add us on Google icon.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Theta EdgeCloud Now Listed on GPU Discovery Platforms

Theta EdgeCloud's distributed GPU services are now listed on the aggregator site GPUFinder.dev, joining...

Checkmarx KICS Docker Images Found Laced With Malware

Malicious images were uploaded to the official Checkmarx Docker Hub repository for its KICS...

SpaceX’s $60B AI Cursor Deal Fuels IPO Expectations

SpaceX has signed a $60 billion deal with AI startup Cursor, with an option...

Kalshi Fines Candidates Betting on Their Own Elections

Kalshi penalized three political candidates for betting on their own elections, terming it "political...

‘Godfather of Crypto’ Predicts Bitcoin Drop to $57K in 2026

Michael Terpin, an influential crypto investor, predicts the Bitcoin bull cycle peaked and will...

Must Read

Top 5 Best Crypto Faucets To Earn Free Crypto This Year

QUICK LINKSWhat Are Crypto Faucets and How Do They Work?How Do Crypto Faucets Make Money?What to Expect: Realistic EarningsThe Best Crypto Faucets of 2025:...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading