NVIDIA Set To Back OpenAI Ohio Datacentre With A Guarantee Of Up To US$105 Billion
NVIDIA has agreed to put up a guarantee of up to US$105 billion (~RM426 billion) for the new Ohio datacentre campus owned by OpenAI. That same datacentre is also being developed by SoftBank-owned SB Energy and is currently one of the GPU maker’s largest financing commitments. Jensen Huang, CEO of NVIDIA, said that in addition […] The post NVIDIA Set To Back OpenAI Ohio Datacentre With A Guarantee…
NVIDIA has pledged a guarantee of up to US$105 billion for the new Ohio datacentre campus owned by OpenAI, alongside SoftBank-owned SB Energy. This funding is among the largest commitments NVIDIA has made. CEO Jensen Huang highlighted that NVIDIA will also invest US$1.5 billion into SB Energy. The company anticipates a return of up to US$600 billion from the datacentre by 2030, with its 16 gigawatts of pure compute power, powered by NVIDIA's hardware.
The guarantee covers a portion of lease and power payments, while OpenAI pays the rent for the datacentre. Should OpenAI default on rent, NVIDIA will step in to cover the shortfall. Huang clarifies that this investment is based on long-term visibility and scale, not circular financing. The project is expected to create around 35,000 construction jobs through 2032 and 2,500 long-term operating jobs.
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