Nvidia to Invest Up to $105 Billion for OpenAI Data Center in Ohio

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, according to a financial filing, marking the latest tie-up between two dominant forces driving the AI boom.

By Ian King and Will Wade

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

Nvidia backs financing for OpenAI data center in Ohio

Technology giants are shelling out billions to scale capacity to meet massive data center demand.

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

$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...

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

AM Markets Need to Know: Nvidia cuts OpenAI backing, WLFI wins approval, and more

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