Channel NewsAsia
Channel NewsAsia
AsiaPac · 4 hrs ago

Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data center

Aug 17 : Nvidia has agreed to guarantee as much as $105 billion in lease payments to help OpenAI secure a sprawling data center in Ohio being developed by SoftBank-backed SB Energy, in one of the chipmaker's largest infrastructure financing commitments. The chip giant will also invest $1.5 billion in SB Energy and secure up to 8 gigawatts of AI computing capacity at the campus, where the data center developer will build, own and operate a campus for OpenAI under a 20-year lease, the companies said on Monday.The deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but has also raised questions about circular funding flows between the chip giant and its customers.Nvidia has secured land and power for the facility in Pike
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