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OpenAI, SoftBank's SB Energy sign 20-year, 10GW Ohio data center deal; Nvidia to backstop up to $105B

#openai#nvidia#data-center#softbank

OpenAI has signed a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy, marking the largest data-center project announced to date. Nvidia has agreed to spend up to $105 billion to support the campus, which OpenAI will lease, and will invest $1.5 billion in SB Energy, securing its chips for the project.

Coverage timeline

  1. Techmeme
    OpenAI signs a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy; Nvidia agrees to backstop a portion of the value of the completed data center (Anissa Gardizy/Wall Street Journal)

    Anissa Gardizy / Wall Street Journal : OpenAI signs a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy; Nvidia agrees to backstop a portion of the value of the completed data center — Agreement with SoftBank's SB Energy caps weeks of negotiations over the largest data-center project announced to date

  2. Techmeme
    Filing: Nvidia agrees to spend up to $105B to support SB Energy's new data center campus in Ohio set to be leased by OpenAI; Nvidia invests $1.5B in SB Energy (Bloomberg)

    Bloomberg : Filing: Nvidia agrees to spend up to $105B to support SB Energy's new data center campus in Ohio set to be leased by OpenAI; Nvidia invests $1.5B in SB Energy — Nvidia Corp. has agreed to spend as much as $105 billion to support a massive new data center campus in Ohio set to be leased by OpenAI …

  3. TechCrunch AITim De Chant
    Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

    Nvidia's investment in SoftBank's data center developer will guarantee its chips power an OpenAI data center.