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● TRACKER Updated 29d ago · 5 sources tracked

Nvidia eyes investing $3 billion in SoftBank's SB Energy under OpenAI data center deal, Information says

Nvidia is downsizing its planned credit guarantee for an OpenAI data center in Ohio. While the company previously considered a $250 billion guarantee, it is now nearing a deal to guarantee roughly $100 billion in credit. Parallel to these credit adjustments, Nvidia is considering a $3 billion investment in SoftBank's SB Energy as part of the broader OpenAI data center arrangement to secure power infrastructure.

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  • ✓ Nvidia is downsizing its plans for a $250 billion guarantee of an OpenAI data center.
  • ✓ The data center project is located in Ohio.
🛡️ Source Corroboration: 5 independent reporting domains (70% confidence) ⏱ Read time: ~2 min

What changed

Nvidia reduced its proposed credit guarantee for the Ohio data center from $250 billion to approximately $100 billion.

Live updates

  1. Nvidia scales back OpenAI data center funding guarantee

    Nvidia is downsizing its planned credit guarantee for an OpenAI data center in Ohio. While the company previously considered a $250 billion guarantee, it is now nearing a deal to guarantee roughly $100 billion in credit. Parallel to these credit adjustments, Nvidia is considering a $3 billion investment in SoftBank's SB Energy as part of the broader OpenAI data center arrangement to secure power infrastructure.

    Why it matters

    The massive energy and capital requirements for AI training necessitate unprecedented infrastructure deals. These guarantees allow OpenAI to secure the financing needed to build the physical facilities required for Nvidia's hardware.

    What is confirmed

    • Nvidia is downsizing its plans for a $250 billion guarantee of an OpenAI data center.
    • The data center project is located in Ohio.

    Still unconfirmed

    • Nvidia is considering a $3 billion investment in SoftBank's SB Energy under the OpenAI data center deal.

    What to watch next

    • Confirmation of the final credit guarantee amount
    • Official announcement of the SB Energy investment
    • Timeline for the Ohio data center construction
    Sources used for this update (5)
    1. Reuters — Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports
    2. WSJ — Exclusive | Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
    3. CNBC — Nvidia eyes investing $3 billion in SoftBank's SB Energy under OpenAI data center deal, Information says
    4. finance.yahoo.com — NVIDIA’s $3 Billion Bet on the Power Behind AI
    5. The Information — Nvidia Nears Deal to Guarantee Roughly $100 Billion in Credit for OpenAI
    confidence 70%
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