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Nvidia to Back OpenAI's Ohio Data Center with Up to $105 Billion Guarantee

Nvidia has committed to providing a guarantee of up to $105 billion for OpenAI's new data center in Ohio, which is set to become the world's largest artificial intelligence data facility. This significant investment also includes a $1.5 billion investment in SB Energy as part of the broader deal.

17 Aug, 10:33 — 17 Aug, 18:58
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Showing 12 of 25 sources
NYTMostly Factual2h ago

Nvidia to Back Ohio Data Center With as Much as $105 Billion

The data center, one of the world’s largest, could cost as much as $500 billion and will be leased by OpenAI.

By Kalley Huang

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bloombergHigh3h ago

Vitol Makes Push Into Data-Center Infrastructure With US Deal

Vitol said its renewables arm had acquired a data center campus in South Carolina from Meridan Gridworks, one of the first instances of a major commodity trader delving into artificial intelligence infrastructure.

By Archie Hunter

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FTVery High6h ago

Nvidia to invest $100bn for OpenAI data centre in Ohio

Chipmaker also invests $1.5bn into SB Energy, an energy company founded as part of SoftBank Group

Read full article →
cnbcMostly Factual4h ago

Nvidia financing initiative follows SEC guidance that takes sponsors off the hook for data center investments

Recent SEC instructions on data center bonds appear applicable to the recent Nvidia financing move, lawyers say.

Read full article →
SCMPMostly Factual3h ago

Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre

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 developer will build, own and operate a campus for OpenAI under a 20-year lease, the companies sa...

By Reuters

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marketwatchMostly Factual1h ago

SpaceX’s stock is rising, and that’s a good sign for Nvidia and Google

Some big names saw sizable paper gains on their SpaceX stakes when the stock went public, but trading has been volatile since then.

By William Gavin

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morningstar9h ago

Trane Technologies and Eaton Collaborate on Industry-First Reference Design to Help Boost AI Data Center Efficiency and Cut Installation Costs - Morningstar

Trane Technologies and Eaton Collaborate on Industry-First Reference Design to Help Boost AI Data Center Efficiency and Cut Installation Costs  Morningstar

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Business InsiderMostly Factual8h ago

$1 billion NYC-startup Dash0 acquires Berlin tech company to build software that fixes itself

Dash0-Team: Mirko Novakovic, Miel Donkers, Marcel Birkner, Ben Blackmore and Michaele Mancioppi Dash0 Dash0 is acquiring Berlin startup Polar Signals. It's building AI agents that can monitor and improve software in real time. The deal brings Polar Signals' continuous profiling technology to Dash0's platform. The American software startup Dash0 is going on a shopping spree: the New York City-headquartered observability company, founded by Mirko Novakovic, is acquiring Berlin-based startup P...

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Times of IndiaMostly Factual6h ago

Nvidia backs OpenAl for its Ohio datacenter to help it get mega compute capacity

OpenAI has signed a 20-year lease for 8 gigawatts of AI computing capacity at SB Energy's PORTS-Pike campus in Pike County, Ohio, with Nvidia backing the deal. Nvidia becomes the exclusive compute supplier, invests $1.5 billion in SB Energy, and guarantees the finished data centre's value up to $105 billion. The project promises 35,000 construction jobs and $80 million in community funding.

By TOI TECH DESK

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thestreet10h ago

Nvidia just took a very serious step on SpaceX stock - thestreet.com

Nvidia just took a very serious step on SpaceX stock  thestreet.com

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benzinga6h ago

Trane Tech and Eaton Plug Into Nvidia AI Data Center Boom - Benzinga

Trane Tech and Eaton Plug Into Nvidia AI Data Center Boom  Benzinga

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myjoyonlineMixed8h ago

Fire destroys ICT lab at Gushegu Midwifery Training School, threatens licensure exams

An ICT laboratory at the Gushegu Midwifery Training School was gutted by fire early Monday morning, halting academic work at the facility that serves as the school’s main center for online external examinations.

By Clara Seshie

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Coverage Timeline

First report: indian-express · 17 Aug, 04:09Full coverage: 25 · 15hWindow: 15h
Left-leaningCenterRight-leaning
indian-express17 Aug, 04:09First to report

Nvidia scales back funding guarantee for Ohio OpenAI data center: Report

5h later
newsbeast17 Aug, 09:13

Οι «χωριάτισσες» που αρνήθηκαν 26 εκατομμύρια δολάρια από εταιρεία ΑΙ για την κατασκευή data center

1h later
thestreet17 Aug, 10:33

Nvidia just took a very serious step on SpaceX stock - thestreet.com

investing-com17 Aug, 10:43

Trane and Eaton partner on AI data center design By Investing.com - Investing.com Canada

morningstar17 Aug, 11:10

Trane Technologies and Eaton Collaborate on Industry-First Reference Design to Help Boost AI Data Center Efficiency and Cut Installation Costs - Morningstar

myjoyonline17 Aug, 11:46

Fire destroys ICT lab at Gushegu Midwifery Training School, threatens licensure exams

Business Insider17 Aug, 11:49

$1 billion NYC-startup Dash0 acquires Berlin tech company to build software that fixes itself

seeking-alpha17 Aug, 12:20

Meta, BlackRock's $14B Texas data center faces insurance risks - FT

taiwan-news17 Aug, 12:33

NVIDIA Guarantees SB Energy's PORTS-Pike Technology Campus in Ohio to Exclusively Host NVIDIA AI Compute - Taiwan News

channel-news-asia17 Aug, 12:43

Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal

Barron's17 Aug, 12:46

Nvidia Stock Rises as It Rows Back on $250 Billion OpenAI Pledge - Barron's

Reuters17 Aug, 13:03

Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal - Reuters

nikkei-asia17 Aug, 13:25

Nvidia to provide up to $105bn guarantee for OpenAI's Ohio data center - Nikkei Asia

straits-times17 Aug, 13:32

Nvidia to invest $1.9 billion in SB Energy under OpenAI data centre deal - The Straits Times

FT17 Aug, 13:57

Nvidia to invest $100bn for OpenAI data centre in Ohio

benzinga17 Aug, 13:59

Trane Tech and Eaton Plug Into Nvidia AI Data Center Boom - Benzinga

Times of India17 Aug, 14:33

Nvidia backs OpenAl for its Ohio datacenter to help it get mega compute capacity

wsj17 Aug, 14:51

TNB Tech Minute: OpenAI Leases Ohio Data Center - Tech News Briefing - WSJ Podcasts - WSJ

1h later
cnbc17 Aug, 15:51

Nvidia financing initiative follows SEC guidance that takes sponsors off the hook for data center investments

bloomberg17 Aug, 16:42

Vitol Makes Push Into Data-Center Infrastructure With US Deal

Yahoo17 Aug, 17:22

Nvidia-OpenAI Deal Isn't 'Circular Financing,' Says Jensen Huang, Sees $600B Compute Opportunity

SCMP17 Aug, 17:30

Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre

NYT17 Aug, 17:48

Nvidia to Back Ohio Data Center With as Much as $105 Billion

1h later
le-figaro17 Aug, 18:56

OpenAI s'offre le futur plus grand centre de données d'intelligence artificielle au monde, avec une garantie record de Nvidia

marketwatch17 Aug, 18:58Latest update

SpaceX’s stock is rising, and that’s a good sign for Nvidia and Google