By CryptoNews
Publication Date: 2026-09-21 21:05:00
Nvidia is putting even more money behind the power plants that keep its chips running. The chipmaker has agreed to buy an additional $1.5 billion worth of shares in SB Energy, the SoftBank-backed energy and data center company preparing to go public in the United States, according to Bloomberg and other reports. The move pushes Nvidia’s total equity commitment in SB Energy to $3 billion, cementing the Nvidia SB Energy investment as one of the more unusual financing bets tied to the AI boom.
Key takeaways
- Nvidia is buying an extra $1.5 billion in SB Energy shares, lifting its total equity stake commitment to $3 billion ahead of SB Energy’s US IPO.
- The new tranche consists of Class N non-voting shares, bought through a private placement and a prepaid forward contract priced at the IPO offering price.
- SB Energy is targeting a roughly $50 billion valuation and aims to raise $5 billion to $7 billion on Nasdaq under the ticker SBE, plus a separate $500 million from Japanese investors, per Bloomberg.
- SB Energy’s Ohio campus, PORTS-Pike Technology Campus, is designed for 4.25 gigawatts of AI computing load, expandable to 8 gigawatts, and is leased long-term to OpenAI under terms requiring exclusive use of Nvidia chips.
- Nvidia has separately disclosed a maximum gross exposure of $108.5 billion in guarantees tied to AI infrastructure, including $105 billion linked to the Ohio project, according to Invezz.
Nvidia Increases Investment in SB Energy Before IPO
Nvidia‘s…
