tech
Nvidia backing $105 billion in financing for OpenAI data center in Ohio
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
TL;DR
- Nvidia will provide up to $105 billion in financing for an OpenAI AI data center in Ohio.
- The data center will be built and managed by SB Energy at the PORTS-Pike Technology Campus in Pike County, Ohio.
- The facility will initially support 4.25 gigawatts of computing capacity with an option for an additional 3.75 gigawatts.
- SB Energy and SoftBank will build power sources supporting 10 gigawatts of energy and invest in regional grid infrastructure.
- The project is expected to create 35,000 construction jobs and 2,500 long-term positions.
- OpenAI CEO Sam Altman was an early investor in SB Energy.
- Nvidia has been involved in other large-scale financing maneuvers for AI data center projects.