Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

Live updates

1. 28d ago

   Nvidia backs OpenAI data center project in Ohio

   Nvidia is providing financial backing for a data center project in Ohio designed for OpenAI. Reports on the specific investment amount vary widely, with figures ranging from $1.5 billion to $105 billion. The project involves a SoftBank-linked developer and is associated with the PORTS-Pike initiative. This partnership secures the physical infrastructure required to run large-scale AI models by linking chip production with data center development.

   Why it matters

   OpenAI requires massive computing power to train and deploy its models. By investing in the underlying infrastructure, Nvidia ensures its hardware is integrated into the next generation of AI hubs. This move aligns hardware supply with the physical space and power needed for deployment.

   What is confirmed

   • Nvidia is backing the financing for an OpenAI data center located in Ohio.
   • OpenAI has joined the PORTS-Pike project.

   Still unconfirmed

   • Nvidia will back the Ohio data center with as much as $105 billion.

   What to watch next

   • Verification of the total investment amount
   • Official confirmation of the SoftBank developer's role
   • Timeline for the Ohio facility's completion
   Sources used for this update (7)

   1. finance.yahoo.com — NVIDIA’s $3 Billion Bet on the Power Behind AI
   2. CNBC — Nvidia backs financing for OpenAI data center in Ohio
   3. NVIDIA Blog — Securing the Infrastructure of Intelligence
   4. The New York Times — Nvidia to Back Ohio Data Center With as Much as $105 Billion
   5. TechCrunch — Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project
   6. Yahoo Finance — Nvidia inks $105 billion deal for OpenAI data center
   7. OpenAI — OpenAI joins PORTS-Pike project
   confidence 60%