Nvidia to invest US$1.5 billion in SB Energy under OpenAI data centre deal
Nvidia is planning to invest US$1.5 billion in SB Energy and secure up to 8 gigawatts of AI computing capacity for an Ohio campus being built for OpenAI. This deal is part of Nvidia's strategy of financing the ecosystem that consumes its chips, which has fueled demand but also drawn scrutiny over circular flows of funds. SB Energy, backed by SoftBank and OpenAI, plans to build at least 10 GW of new power generation and invest US$4.2 billion in Ohio grid infrastructure to support AI data centres.
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