Nvidia in Talks to Back SB Energy's OpenAI Data Center Project
Nvidia is negotiating a $3 billion investment in SB Energy, tied to a $100 billion credit package for an OpenAI data center in Ohio.
Nvidia is in discussions to invest up to $3 billion in SB Energy, a SoftBank Group subsidiary, as part of a broader deal involving a major data center project for OpenAI in Ohio. The talks were reported on Saturday, citing people familiar with the matter.
The proposed investment is being considered alongside negotiations between Nvidia, OpenAI, and SB Energy over the chipmaker providing roughly $100 billion in credit support for the planned data center campus. The exact structure of the credit arrangement and the timeline for the project remain unclear.
SB Energy is the developer behind the massive Ohio facility, which is intended to support OpenAI's expanding computing infrastructure needs. The involvement of Nvidia, a leading supplier of AI processors, underscores the growing interdependence between chipmakers, cloud providers, and energy developers in the race to build large-scale AI capacity.
The report could not be independently verified at the time of writing. Neither Nvidia, SB Energy, nor OpenAI has issued a public statement regarding the negotiations.