SoftBank-backed SB Energy ($SBE) filed for a U.S. IPO on September 1.
In the first half, it posted $138.7M in revenue, a $3.21B net loss, roughly $439B in backlog, and 8.8 GW of data center capacity contracted or under construction, with zero data centers operating today.
OpenAI is a major customer, and Nvidia plans to invest $1.5B at the IPO price.