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SB Energy gave OpenAI $5.5bn in warrants to sign a 20-year lease

The Next Web

TechnologyThe Next Web·Aug 31, 2026·1 min read

SB Energy gave OpenAI $5.5bn in warrants to sign a 20-year lease

SB Energy has handed OpenAI warrants now worth about $5.5bn, and it did so to keep OpenAI as a tenant. The Wall Street Journal reported the arrangement on Monday. The direction matters and is easy to get backwards. SB Energy, the…

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