{
  "id": 104004,
  "title": "Nvidia could invest $250bn in OpenAI's 10Gw Ohio data center — but costs could balloon to $500bn",
  "url": "https://urgent.news/2026/08/03/nvidia-could-invest-250bn-in-openais-10gw-ohio-data-center-but-costs",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-03T22:45:00.000Z",
  "source": {
    "name": "TechRadar",
    "slug": "techradar",
    "url": "https://www.techradar.com/computing/cpu/nvidia-could-invest-usd250bn-in-openais-10gw-ohio-data-center-but-costs-could-balloon-to-usd500bn"
  },
  "original_language": "en",
  "account": "Nvidia is reportedly considering a $250 billion investment in OpenAI's upcoming Ohio data center, though the total project costs could soar to $500 billion, according to The Wall Street Journal. The proposed facility would boast a capacity of 10 gigawatts, with the first phase set to be completed by 2028, generating approximately 800 megawatts. The financing would secure a lease for the site, which is being developed by SB Energy, a SoftBank subsidiary, and support the hosting of Nvidia's chips inside the data center. However, this financing would exclude the Nvidia chips themselves, with an additional $350 billion allocated for those purchases. The U.S. government will control the power supply, funded through a separate arrangement with Japan, as part of Tokyo's $33 billion investment in a natural gas plant. OpenAI, valued at $852 billion and currently unprofitable, has reported substantial losses, including a $21.3 billion net loss in Q1 2026 and an anticipated $14 billion loss for the entire year, with cumulative losses reaching $44 billion by 2028. This loss-making situation complicates OpenAI's pursuit of infrastructure investments. Nvidia's involvement is aimed at reassuring lenders and guaranteeing sustained chip demand, while the deal would also allow OpenAI to own its infrastructure, moving away from renting capacity from Microsoft, Amazon, and Oracle. The project's scale makes it one of the largest AI data center developments globally, but its financing remains a complex mix of private investment, government backing, and long-term computing demand. As of now, commercial agreements between the involved parties have not been finalized.",
  "summary": "Nvidia is considering $250 billion in financing support as OpenAI pursues a 10GW Ohio data center costing more than $500 billion.",
  "key_points": [
    "Nvidia considering $250bn investment in OpenAI's Ohio data center",
    "Project costs could reach $500bn, including $350bn for Nvidia chips",
    "Facility to generate 800MW, with 10GW capacity, set for completion by 2028"
  ],
  "editors_take": "Nvidia's potential investment in OpenAI's Ohio data center would help reassure lenders and secure chip demand, while also allowing OpenAI to own infrastructure and reduce reliance on renting capacity from major cloud providers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}