Nvidia Wins Competitive Bid for Ohio Data Center Project
Nvidia won a 'very competitive' bid for the massive Ohio data center project set to be leased by OpenAI, according to SB Energy Co-CEO Rich Hossfeld. The chipmaker's involvement will help support financing and ensure the success of the project.
Hyperscalers, cloud providers, and frontier AI companies competed in the bidding process, indicating strong demand for compute power. Nvidia's participation could also help SB Energy secure favorable financing for the infrastructure portion of the project.
SB Energy Co-CEO Rich Hossfeld shrugged off concerns over the rapid depreciation of AI chips, stating that his company is only focused on the physical campus part of the deal. The data center will be leased by OpenAI and Nvidia's involvement will help ensure its success.