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

TechCrunch
Nvidia is investing $1.5 billion in SB Energy to become the sole compute infrastructure supplier for an OpenAI data center project.

Summary

Nvidia announced a $1.5 billion investment in SB Energy, a data center developer linked to SoftBank and OpenAI. This investment secures Nvidia's position as the exclusive compute infrastructure supplier for OpenAI's massive Ports-Pike data center near Cincinnati, Ohio, with Nvidia also providing up to $105 billion in credit to support the facility's construction. The project, which may scale up to 8 gigawatts, involves building a $33 billion natural gas power plant on U.S. Department of Energy land to meet its immense energy demands.

(Source:TechCrunch)