OpenAI Received $5.5 Billion in SB Energy Warrants as Part of Data-Center Tenant Agreement
Draft IPO documents show OpenAI was granted warrants valued at roughly $5.5 billion in SB Energy as part of an arrangement to secure the artificial intelligence firm as a data-center tenant. The papers also disclose a prior $500 million investment by OpenAI, multiple leases for computing capacity at a planned southern Ohio campus and SB Energy's re…