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Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says

channelnewsasia.com ·

Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says

Nvidia has committed to investing US$1.5 billion in SB Energy, a company backed by SoftBank, and is securing up to 8 gigawatts of AI computing capacity at a facility being developed by the data center company for OpenAI. The partnership highlights the increasing trend of tech giants financing AI infrastructure, which directly fuels demand for Nvidia's chips.

This move comes as more leading tech companies are joining forces to secure the necessary power, compute, and data center resources for their growing AI models. Nvidia has already set aside land and secured power at Ohio’s PORTS-Pike Technology Campus for an AI data center that will initially utilize 4.25 GW of Nvidia's graphics processors and networking equipment.

The collaboration between SB Energy, SoftBank, and OpenAI involves a substantial US$4.2 billion investment in Ohio's power grid to accommodate future AI data centers. SoftBank-backed SB Energy, established in 2019, is dedicated to developing large-scale power and data center infrastructure projects, with plans to construct at least 10 GW of new power generation capacity.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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The United States is pushing for an AI alliance that requires member countries to choose between the US and China, with South Korea also being considered as a potential member. The US is reportedly planning to create an AI alliance with like-minded countries, including Australia, Canada, France, Germany, Japan, and the UK, to counter China's growing influence in the field. The alliance, which is still in its early stages, aims to promote a free and open AI ecosystem, while also ensuring that member countries do not use AI technologies developed by China. According to sources, the US is considering requiring member countries to sign a non-disclosure agreement that would prevent them from sharing AI-related information with China. The US is also expected to provide significant funding to support the development of AI technologies in member countries, with the goal of creating a global AI supply chain that is not dependent on China. South Korea, which has been actively promoting its own AI industry, is reportedly being considered as a potential member of the alliance. The Korean government has been closely monitoring the development of the alliance, and is expected to make a decision on whether to join in the near future. The US-China rivalry in the field of AI is expected to intensify in the coming years, with both countries investing heavily in the development of AI technologies. The US has been working to strengthen its partnerships with like-minded countries in the field of AI, while also taking steps to restrict China's access to AI-related technologies. In recent months, the US has imposed restrictions on Chinese companies, including Huawei, from accessing US AI technologies. China, on the other hand, has been actively promoting its own AI industry, and has made significant investments in the development of AI technologies. The global AI market is expected to grow significantly in the coming years, with estimates suggesting that it will reach $190 billion by 2025. The US and China are currently the two largest players in the global AI market, and are expected to continue to dominate the market in the coming years. However, the emergence of new players, including South Korea, is expected to challenge the dominance of the US and China in the global AI market. The AI alliance is expected to play a significant role in shaping the global AI landscape, and could have significant implications for the future of AI development. The alliance is also expected to have significant implications for South Korea, which has been actively promoting its own AI industry. The Korean government has been closely monitoring the development of the alliance, and is expected to make a decision on whether to join in the near future. The decision on whether to join the alliance is expected to have significant implications for South Korea's AI industry, and could potentially impact the country's future economic growth. The US is expected to continue to play a significant role in shaping the global AI landscape, and is likely to remain a major player in the field of AI for years to come.

·hani.co.kr

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