Nvidia guarantees up to $105B for OpenAI's 8-10 GW Ohio data center project targeting 2028+ launch
Nvidia agreed to guarantee funding up to $105B for the PORTS-Pike campus in Pike County, Ohio, exclusively using Nvidia compute with OpenAI as 20-year tenant. First phase targets ~4.25 GW by 2028+. Nvidia also invested $1.5B in SB Energy, the power partner.
TLDR
The project highlights extreme AI capex scale (potentially $500B+), Nvidia's expanding financing role beyond chip sales, energy bottleneck challenges, and geopolitical implications. It represents one of the largest single-site data center projects in the infrastructure race.
Nvidia guarantees up to $105B for OpenAI's 8-10 GW Ohio data center project targeting 2028+ launch
Nvidia agreed to guarantee funding up to $105B for the PORTS-Pike campus in Pike County, Ohio, exclusively using Nvidia compute with OpenAI as 20-year tenant. First phase targets ~4.25 GW by 2028+. Nvidia also invested $1.5B in SB Energy, the power partner.
TLDR
The project highlights extreme AI capex scale (potentially $500B+), Nvidia's expanding financing role beyond chip sales, energy bottleneck challenges, and geopolitical implications. It represents one of the largest single-site data center projects in the infrastructure race.