OpenAI and SoftBank Group partner with SB Energy

• SoftBank Group and OpenAI invest $1 billion in SB Energy to support its growth as a leading development and execution partner for data center campuses 

• OpenAI signs 1.2 GW data center lease for initial data center buildout

• SB Energy will become a major customer of OpenAI, leveraging its APIs and deploying ChatGPT for its employees

• SB Energy additionally secured $800 million of Redeemable Preferred Equity from Ares to further support the company’s growth

Redwood City, CA, Jan. 9, 2026—SB Energy⁠(opens in a new window), a SoftBank Group company, announced today a strategic partnership with OpenAI as part of Stargate⁠(opens in a new window), marking a significant step forward in the build out of next-generation artificial intelligence (AI) and energy infrastructure in the United States. The investment builds on the $500 billion Stargate commitment announced in January at the White House.

To support the partnership and as demand for AI compute accelerates, OpenAI and SoftBank Group are each investing $500 million into SB Energy. OpenAI has also selected SBE to build and operate its previously-announced 1.2 GW data center site in Milam County. The equity funding supports SB Energy’s growth as a leading development and execution partner for data center campuses and associated energy infrastructure. SB Energy is currently developing several multi-gigawatt data center campuses, with initial facilities under construction and expected to enter service starting in 2026. 

OpenAI co-founder and President Greg Brockman said, “Partnering with SB Energy brings together their strength in data center infrastructure and energy development and OpenAI’s deep domain expertise in data center engineering. The result is a fast, reliable way to scale compute through large, highly optimized AI data centers.”