Nvidia Pledges Up to $105 Billion for OpenAI Data Center

Nvidia has agreed to finance an OpenAI data center in Ohio for up to $105 billion. The data center, located at the PORTS-Pike Technology Campus in Pike City, will have a computing capacity of 4.25 gigawatts initially, with an option to bring on another 3.75 gigawatts. Nvidia is also providing the compute power for the facility, which is expected to begin operating in 2028.

The data center's construction and management are being handled by SB Energy, a subsidiary of SoftBank Group. As part of the deal, SB Energy and SoftBank have agreed to invest at least $4.2 billion into the regional power grid infrastructure and build enough power supply for 10 gigawatts of energy. Nvidia is also investing $1.5 billion in SB Energy.

According to OpenAI, the data center will support 35,000 construction jobs through 2032 and create 2,500 long-term positions. As the tenant, OpenAI will pay the least amount for the facility, with Nvidia absorbing most of the costs.