Nvidia to post $105 billion for OpenAI data center in Ohio

Aug. 17 (UPI) — Nvidia announced on Monday that it will finance an OpenAI data center in Ohio for up to $105 billion.

The credit from Nvidia will fund the data center’s first 4.25 gigawatts in computing capacity with an option to bring 3.75 gigawatts more online. The center is slated to begin operating in Pike City, Ohio, in 2028.

The data center will be located at the PORTS-Pike Technology Campus in Pike City. It will be constructed and managed by SB Energy, a subsidiary of SoftBank Group.

Nvidia is also providing the compute power to the data center.

“This is the essential economic point: the [Load Power Supply] commitment secures a long-lived AI factory site, while the NVIDIA compute inside can be upgraded repeatedly,” NVIDIA said in a press release. “Each new generation can deliver greater production, more intelligence and better economics.”

SB Energy and SoftBank agree to build enough power supply for 10 gigawatts of energy and invest at least $4.2 billion into the regional power grid infrastructure. Nvidia has also agreed to invest $1.5 billion into SB Energy.

OpenAI said the data center will support 35,000 construction jobs through 2032. It will also support 2,500 long-term jobs.

OpenAI will pay the least on the data center as its tenant, Nvidia said.