NVIDIA commits $105B for OpenAI data center
Nvidia announced guarantees totaling $105 billion to support the leasing of a large data center facility in Ohio for OpenAI, aimed at developing artificial intelligence infrastructure. The deal includes a $1.5 billion investment in SoftBank-owned SPN Energy, along with other financings that may involve equity funding and debt instruments. The center, with a total capacity of 8 gigawatts and expected to start operating its first 800 megawatts in 2028, is part of Nvidia's strategy to enhance its chip-based infrastructure to boost demand and develop scalable AI factories. Nvidia confirms that its guarantee covers part of the payments and aims to support the deployment of sustainable AI technologies, with the potential for the site to operate sustainably for many years to come.
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