OpenAI was issued warrants worth approximately $5.5 billion in power infrastructure firm SB Energy to secure a 20-year lease agreement. The arrangement was disclosed in draft IPO documents reviewed by the Wall Street Journal ahead of SoftBank's planned public offering of SB Energy.
Thrive Holdings has secured $2 billion in new funding at a $12 billion valuation from investors including SoftBank, D1 Capital Partners, and Altimeter Capital. The company operates as a private equity firm focused on bringing AI solutions to enterprise clients.
Zenity, an Israel-based cybersecurity platform specializing in AI agent security and governance, has raised $125 million in Series C funding led by Norwest, with participation from SoftBank, Hitachi, and LG. The round brings the company's total funding to $185 million as enterprises race to secure the growing deployment of autonomous AI agents.
SoftBank founder Masayoshi Son announced plans to remain CEO for another decade or more, abandoning his retirement plan and setting a bold $6.189 trillion net asset value target built on AI promises.