Channel NewsAsia
Channel NewsAsia
AsiaPac · 49 mins ago

Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says

Aug 15 : Nvidia is in talks to invest as much as $3 billion in SB Energy, a SoftBank Group subsidiary developing a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with the discussions.Here are some details:• The proposed investment is part of Nvidia's talks with OpenAI and SB Energy on providing around $100 billion in credit support for the planned Ohio data center campus, the report said.• Nvidia has discussed investing half of the $3 billion when the Ohio project deal is signed and the other half as part of SB Energy's planned initial public offering, according to the Information. • Reuters could not immediately verify the report. Nvidia and SB Energy did not immediately respond to requests for comment outside regular busi
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