Nvidia Eyes Multi-Billion Dollar Investment in SB Energy Data Centre Project

Nvidia is in talks to invest up to $3 billion in SB Energy, a SoftBank Group subsidiary developing a massive data centre project for OpenAI in Ohio. The proposed investment is part of Nvidia's discussions with OpenAI and SB Energy on providing around $100 billion in credit support for the planned campus.

The talks also involve SB Energy's planned initial public offering (IPO), where it aims to raise at least $5 billion, according to reports. SB Energy develops large-scale power and data centre infrastructure projects, including several data centre campuses supporting rising demand tied to AI workloads.