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Nvidia-Backed SB Energy Seeks $7 Billion In Nasdaq IPO

Coinpedia·September 1, 2026·1 min read
Nvidia-Backed SB Energy Seeks $7 Billion In Nasdaq IPO

SB Energy, backed by SoftBank, OpenAI, and Nvidia, filed for a Nasdaq IPO seeking $7 billion. The AI infrastructure firm has no operational data centers and no revenue, posting a $3.2 billion net loss in H1 2026 due to heavy investment.

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