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ActiveAI

SoftBank's data center unit gave OpenAI $5.5 billion in stock warrants to lock in leases

Photo: Yahoo Finance

What happened

Draft IPO documents show SB Energy's warrant package grew from $3.6 billion at issuance in January to $5.5 billion by the end of June

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Yahoo FinanceYahoo Finance
  2. Quartz started reportingQuartz

Sources