The data center backlash reaches Texas
Texas is auditing hundreds of proposed data centers as communities across the U.S. push back against rising costs of the AI boom
Nvidia is reportedly in discussions to invest up to $3 billion in SB Energy, a subsidiary of SoftBank Group, as part of a potential data center project for OpenAI, according to the Information. The investment is being considered in negotiations between Nvidia, OpenAI, and SB Energy, with the aim of financing a significant portion of the Ohio data center campus. The $100 billion in credit support from Nvidia would be a major component of the project, although Reuters has not yet been able to confirm the report.
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- Sources: Nvidia in talks to invest up to $3B in SoftBank-backed data center developer SB Energy that aims to IPO soon and is behind a huge OpenAI campus in Ohio (The Information) theinformation.com
- Nvidia backs financing for OpenAI data center in Ohio cnbc.com
- AM Markets Need to Know: Nvidia cuts OpenAI backing, WLFI wins approval, and more seekingalpha.com
- Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports investing.com
- Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports channelnewsasia.com
