NVIDIA Backs OpenAI's Ohio Data Center With $105 Billion

NVIDIA Backs OpenAI's Ohio Data Center With $105 Billion

NVIDIA isn’t just selling chips to the AI industry anymore — it’s financing the buildings they go in. The company announced Monday that it will provide more than $105 billion to secure land, power, and shell construction for OpenAI’s planned Ohio data center campus, marking one of the largest infrastructure financing commitments in technology history. Inside the PORTS-Pike Technology Campus Deal The three-way arrangement between NVIDIA, OpenAI, …

Nvidia scales back financing guarantee for OpenAI data center

Nvidia is scaling back a proposed financial guarantee tied to a massive OpenAI data center project in Ohio, reducing its initial commitment from as much as $250 billion to less than $120 billion, according to report in the Wall Street Journal. Earlier this month, Nvidia announced partnerships with major financial firms including Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs and KKR, aimed at mobilizi…

Nvidia Investing $1.5 Billion OpenAI Data Center Deal | Corp! Magazine

Nvidia continues to make huge investments in AI with a large investment in SoftBank. According to a report from Reuters, Nvidia will invest some $1.5 billion in SoftBank-backed SB Energy, securing up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI. Reuters reports the […]

Nvidia Backs $105bn In Financing For OpenAI Data Centre

Nvidia to provide up to $105bn in financial guarantees for Nvidia's lease of massive Ohio data centre, also invests in site developer This article has been indexed from Silicon UK Read the original article: Nvidia Backs $105bn In Financing For OpenAI Data Centre The post Nvidia Backs $105bn In Financing For OpenAI Data Centre appeared first on IT Security News.