Nvidia backs OpenAl for its Ohio datacenter to help it get mega compute capacity
OpenAI has signed a 20-year lease for 8 gigawatts of AI computing capacity at SB Energy's PORTS-Pike campus in Pike County, Ohio, with Nvidia backing the deal. Nvidia becomes the exclusive compute supplier, invests $1.5 billion in SB Energy, and guarantees the finished data centre's value up to $105 billion. The project promises 35,000 construction jobs and $80 million in community funding.
OpenAI has secured a 20-year agreement for substantial computing resources at a site in Ohio, with Nvidia stepping in as the exclusive AI compute supplier. Nvidia will invest $1.5 billion in the project and provide financial support for the datacenter and surrounding infrastructure. If OpenAI were to leave the project, Nvidia would cover the difference up to $105 billion in value, although the exposure has since been reduced.
The datacenter is expected to generate significant construction and operating jobs, and the Ohio community will receive additional funds and educational credits. Power generation at the site will be a collaborative effort between SB Energy, SoftBank, and government entities.
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