Nvidia Bets $105B on OpenAI's Ohio Data Center
Nvidia Bets $105B on OpenAI's Ohio Data Center
The News
Nvidia has agreed to spend as much as $105 billion to support a huge new data center campus in Ohio that OpenAI is set to lease, according to a financial filing reported by Bloomberg on Monday.
As part of the same deal, Nvidia is investing $1.5 billion in SB Energy — the energy company founded as part of SoftBank Group that is developing the site, Reuters and the Financial Times reported.
The point of the money is simple: it locks in Nvidia chips as the hardware powering the OpenAI data center, TechCrunch reported.
Timeline
Reuters reports Nvidia will invest $1.5 billion in SB Energy under the OpenAI data center deal.
The Financial Times reports Nvidia will invest roughly $100 billion toward the OpenAI data centre in Ohio, alongside the $1.5 billion stake in SB Energy.
Bloomberg, citing a financial filing, puts Nvidia's commitment at as much as $105 billion for the Ohio campus to be leased by OpenAI.
CNBC reports Nvidia is backing financing for the Ohio data center, and separately reports that recent SEC guidance on data center bonds appears to apply to the structure Nvidia used.
Reactions
Lawyers told CNBC that recent SEC instructions on data center bonds — guidance that takes sponsors off the hook for data center investments — appear applicable to Nvidia's financing move.
The Los Angeles Times framed the commitment as a bet that "supercharges" the AI arms race, with Nvidia putting its balance sheet behind the buildout rather than just selling into it.
CNBC noted the deal fits a broader pattern: technology giants shelling out billions to scale capacity against enormous data center demand.
What's Next
Watch the construction and lease terms in Ohio, where OpenAI is set to be the tenant of the campus Nvidia is financing.
Watch how the SEC's data center bond guidance is applied — CNBC's reporting suggests it shapes how much risk sponsors like Nvidia carry on deals like this one.
And watch the topline number: reported figures for Nvidia's commitment ranged from about $100 billion to as much as $105 billion on day one.
More
The structure ties three of the biggest names in artificial intelligence together in one project: Nvidia supplies the chips and the financing, SoftBank-founded SB Energy develops the site and the power for it, and OpenAI leases the finished campus.
Nvidia's $1.5 billion stake in SB Energy is the smaller half of the announcement, but it is the piece that puts the chipmaker inside the company building the thing it will supply.
UMass Dartmouth Running Back, 18, Stabbed to Death
Trump Vows 'AI Force,' Czar; Polls Name Change
Sep 20, 2026
Iran Sends Trump Three Conditions to End War
Sep 19, 2026
Faulty AI Intel Nearly Started War With China
Sep 19, 2026
German General Breuer Elected NATO's Top Officer
Sep 19, 2026
Nobel Laureate: War, Sanctions Crushing Iranians
Sep 19, 2026
Dutch Police Disperse Violent Far-Right Hague Protest
Sep 19, 2026
GOP Midterm Odds Fade With 45 Days Left
Sep 19, 2026
Maher Rejects Tarlov's Claim Democrats Are Less Crazy
Sep 19, 2026
Patrick Clancy Breaks Silence After Ex-Wife Killed Kids
Sep 19, 2026
Trump Cuts Park Staff, Diverts Fees to DC
Sep 19, 2026
Holocaust Heirs Sue LA Museums Over Looted Art
Sep 19, 2026
Trump's Fed Chair Hikes Rates, Defying White House
Sep 19, 2026
Miller Drives Push to Deport Illegal Immigrant Children
Sep 19, 2026
US Lifts Sanctions on Eritrea's Military, Ruling Party
Sep 19, 2026
Air Force Admits US Has Space Weapons
Sep 19, 2026
Turkey Revokes License of Iran's Mellat Bank
Sep 19, 2026
Billionaire Ratcliffe Blasts Britain Over Immigration, Taxes
Sep 19, 2026
Navajo Nation Flash Flood Kills Three
Sep 19, 2026
Explosions Over Riyadh Trigger Saudi Air Alerts
Sep 19, 2026
Sep 19, 2026