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People familiar with the matter revealed that SB Energy, which is owned by SoftBank Group and is responsible for developing a giant data center project in Ohio for OpenAI, is considering an IPO in December or delaying its listing until next year. The schedule was later than previously anticipated. In August, it was reported that the data center developer was trying to go public as early as September. However, since then, the secondary market's enthusiasm for IPOs of data centers and AI cloud vendors turned cold: Australian cloud infrastructure company Firmus cancelled its IPO plan earlier this month, and other peers are also considering delaying the release. According to people familiar with the matter, SB Energy management is closely monitoring the performance of Anthropic's blockbuster IPO. Anthropic is expected to go public next month before Thanksgiving; if Anthropic's stock price trend improves after listing, SB Energy is expected to complete the offering in December.
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People familiar with the matter revealed that SB Energy, which is owned by SoftBank Group and is responsible for developing a giant data center project in Ohio for OpenAI, is considering an IPO in December or delaying its listing until next year. The schedule was later than previously anticipated. In August, it was reported that the data center developer was trying to go public as early as September. However, since then, the secondary market's enthusiasm for IPOs of data centers and AI cloud vendors turned cold: Australian cloud infrastructure company Firmus cancelled its IPO plan earlier this month, and other peers are also considering delaying the release. According to people familiar with the matter, SB Energy management is closely monitoring the performance of Anthropic's blockbuster IPO. Anthropic is expected to go public next month before Thanksgiving; if Anthropic's stock price trend improves after listing, SB Energy is expected to complete the offering in December.
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