Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre
Nvidia has agreed to guarantee as much as US$105 billion in lease payments to help OpenAI secure a sprawling data centre in Ohio being developed by SoftBank-backed SB Energy, in one of the chipmaker’s largest infrastructure financing commitments. The chip giant will also invest US$1.5 billion in SB Energy and secure up to 8 gigawatts of AI computing capacity at the site, where the data centre…
Nvidia has committed up to US$105 billion in lease payments to support OpenAI's planned AI data centre in Ohio, developed by SoftBank-backed SB Energy. This makes the deal Nvidia's largest infrastructure financing commitment to date. In addition to the financing, Nvidia will invest US$1.5 billion into SB Energy and secure up to 8 gigawatts of AI computing capacity at the site.
The data centre developer will build, own, and operate the facility under a 20-year lease, with Nvidia providing the AI compute infrastructure and credit support for land, power, and shell construction for the initial 4.25 gigawatt capacity, which is set to begin operation in phases starting in 2028. Nvidia's investment aligns with the growing trend of technology firms partnering on chips, power, and data centre development to meet the increasing demand for AI.
The project is expected to generate around 35,000 construction jobs by 2032 and about 2,500 long-term operating jobs. OpenAI's compute spending on Nvidia chips is projected to reach about US$600 billion in capacity by 2030.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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