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burning money
News

Next For WeWork: Saved By A White Knight Or Sucked Into A Black Hole?

... more in a bid to take a controlling stake. Specifically, SoftBank is putting together a rescue financing plan for WeWork that ... most capital to keep it going. Separate proposals from both SoftBank and JPMorgan will probably be made to WeWork during the ...

Oct 20, 2019
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Adam Neumann, WeWork
News

Adam Neumann Loses His $185M Consulting Deal With WeWork

... .  WeWork's board of directors has been overseen by SoftBank Group after a series of capital investments that culminated in ... of profitability at some point next year, the WSJ reports. SoftBank eventually succeeded in changing the terms of the bailout deal ...

Oct 20, 2020
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Shopping centre Bradford
News

Eurofund Goes Shopping For Bradford Mall: The London Deal Sheet

... , a 16K SF letting to CleoAI at The Gilbert, and SoftBank taking 9K SF at 77 Grosvenor Street. Occupancy across Brookfield ...

May 21, 2026
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Sam Altman, CEO of OpenAI, speaks at TechCrunch event in 2019.
News

OpenAI Pausing Stargate Projects In 3 Countries As Key Execs Depart

... U.S., the initiative is led by OpenAI, Oracle and SoftBank. A range of major tech and investment players are also ...

Apr 15, 2026
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The Dutch in Long Island City, Queens, is one of the properties where European firm Belvilla has taken over Sonder's operations.
News

Belvilla Seizes On Sonder's Downfall To Enter U.S. Market With 10 Hotels

... first operational business outside of Europe. Belvilla, a subsidiary of SoftBank-backed Oyo Hotels, has already started operating three of the ...

Feb 27, 2026
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JLL: Texas May Become Leader In Data Center Capacity By 2030
News

JLL: Texas May Become Leader In Data Center Capacity By 2030

... 8,000-acre campus in Pecos County; the OpenAI/Oracle/SoftBank Stargate project near Abilene; the 2,600-acre Comanche Circle ...

Feb 17, 2026
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OpenAI Pledges To Foot Bill For Generating New Power For Stargate Data Centers
News

OpenAI Pledges To Foot Bill For Generating New Power For Stargate Data Centers

... U.S., the initiative is led by OpenAI, Oracle and SoftBank, with a range of major tech and investment players also ...

Jan 22, 2026
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Headshot of Robbie Baty of HPI
News

Robbie Baty Moves To HPI To Launch Dallas Tenant Advisory Group

... high-profile Stargate data center backed by Oracle, OpenAI and SoftBank is also slated to be constructed in Abilene.

Jan 07, 2026
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Google To Expand Data Center Campus South Of Dallas
News

Google To Expand Data Center Campus South Of Dallas

... for the Stargate data center backed by Oracle, OpenAI and SoftBank in Abilene.  Another huge data center is planned for rural ...

Dec 10, 2025
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Sam Altman, CEO of OpenAI, speaks at TechCrunch event in 2019.
News

OpenAI Reportedly Faces $200B Funding Gap For Data Center Plans

... OpenAI’s Stargate data center development partnership with Oracle and SoftBank. This includes its nonbinding commitment to purchase 10 GW of ...

Dec 01, 2025
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