{
  "id": 1524775,
  "title": "Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre",
  "url": "https://urgent.news/2026/08/17/nvidia-to-provide-up-to-us-105-billion-guarantee-for-openais-ohio",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-17T17:30:11.000Z",
  "source": {
    "name": "SCMP Tech",
    "slug": "scmp-tech",
    "url": "https://www.scmp.com/tech/big-tech/article/3364341/nvidia-provide-us105-billion-guarantee-openais-ohio-data-centre"
  },
  "original_language": "en",
  "account": "Nvidia has committed to guarantee up to US$105 billion in lease payments to assist OpenAI in constructing a massive data center in Ohio, according to a recent agreement. This financing commitment is the largest infrastructure investment from the chipmaker to date. In addition to the guarantee, Nvidia will invest US$1.5 billion in SoftBank-backed SB Energy, the energy company responsible for developing the data center. Nvidia will also secure the potential capacity for up to 8 gigawatts of AI computing at the site, where the data center will be built, owned, and operated under a 20-year lease. The initial capacity of the facility is expected to be 4.25 gigawatts, commencing operations in phases beginning in 2028. Nvidia will provide exclusive AI compute infrastructure at the site and offer credit support for land, power, and shell construction for the initial capacity, with an option to secure the remaining 3.75 gigawatts. The collaboration between Nvidia, SB Energy, and OpenAI aims to address the growing demand for AI infrastructure while facing challenges posed by ageing grids, lengthy approval processes, and limited land and power capacity. As technology firms increasingly integrate chips, power, and data center development, OpenAI anticipates spending approximately US$600 billion on its chips by 2030, as stated by Nvidia CEO Jensen Huang.",
  "summary": "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…",
  "key_points": [
    "Nvidia guarantees up to US$105 billion in lease payments for OpenAI's Ohio data center.",
    "Nvidia invests US$1.5 billion in SB Energy for data center development.",
    "Data center will have initial capacity of 4.25 gigawatts, operating from 2028."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre",
        "url": "https://urgent.news/2026/08/17/nvidia-to-provide-up-to-us-105-billion-guarantee-for-openais-ohio-1527589",
        "published": "2026-08-17T17:30:11.000Z"
      }
    ]
  },
  "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."
}