Nvidia eyes up to $3b in SB Energy for OpenAI data center
SB Energy says it develops AI infrastructure across power and data centers and is building several multi-gigawatt data center campuses in the US.
Nvidia is in talks to invest up to $3 billion in SB Energy, a developer backed by SoftBank Group. SB Energy is building a multi-gigawatt data center campus in Ohio for OpenAI.
According to Investing.com, Nvidia's investment is part of separate negotiations involving Nvidia, OpenAI, and SB Energy over the chipmaker providing about $100 billion in credit support for the planned Ohio data center campus.
The talks highlight Nvidia's expanding role in financing and supporting the infrastructure needed to power the rapid growth of artificial intelligence. The discussions remain ongoing, and the terms of any potential investment could change.
Brief written by urgent.news from Tech in Asia, CNBC, CNBC World, Investing.com, Techmeme — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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