OpenAI, SoftBank invest $1 billion in SB Energy as part of Stargate

Watch on YouTube ↗  |  January 09, 2026 at 19:52  |  1:03  |  CNBC
Speakers
Kate Rooney — Technology Reporter

Summary

Kate Rooney reports that OpenAI and SoftBank are jointly investing $1 billion into SB Energy, with each contributing $500 million. SB Energy is building a 1.2GW data center in Texas for OpenAI, adding to AI infrastructure deals with Microsoft, Oracle, and Google. The report also notes Meta's deals for over six gigawatts of nuclear power and Oracle's planned $500 billion AI data center spend. The segment highlights the massive energy demand and infrastructure race driven by AI.

  • OpenAI and SoftBank invest $1B in SB Energy.
  • SB Energy to build 1.2GW Texas data center for OpenAI.
  • Deal adds to existing AI infrastructure deals with Microsoft, Oracle, and Google.
  • Meta announces nuclear power deals for more than 6GW.
  • Oracle plans up to $500B in AI data center spending.
  • Segment underscores AI's massive energy demand and infrastructure race.
  • Stargate initiative continues to expand with SoftBank and Oracle.
Ideas
Kate Rooney Technology Reporter 0:42
AI energy demand drives infrastructure buildout.
OpenAI and SoftBank are jointly investing $1 billion into SB Energy, which is building a 1.2GW data center in Texas for OpenAI. This adds to existing AI infrastructure deals with Microsoft, Oracle, and Google, and follows Meta's deals for over six gigawatts of nuclear power. The speaker argues this underlines the all-out energy demand from AI and the race to build infrastructure, building on OpenAI's Stargate initiative with SoftBank and Oracle's planned $500 billion AI data center spend.
AI Data Centers URA HIGH
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This CNBC video, published January 09, 2026, features Kate Rooney discussing AI Data Centers, URA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Kate Rooney  · Tickers: AI Data Centers, URA