Nvidia to Invest $105 Billion in Ohio AI Data Center Project, Expected to Create Thousands

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Nvidia to Invest $105 Billion in Ohio AI Data Center Project, Expected to Create Thousands
Photo: Financial Times
money· A press review of 3 outlets

  1. Chip-making giant Nvidia will provide up to $105 billion in financing toward a massive AI data center in Ohio that will be leased by Sam Altman’s OpenAI and is expected to be one of the largest of its kind in the world, the companies announced Monday.

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    CNBC

    Nvidia on Monday said it will provide the credit and compute for a new artificial intelligence data center for OpenAI in Ohio.

  2. Nvidia pledges $100bn backing for OpenAI data centre in Ohio Chipmaker also invests $1.5bn into SB Energy, an energy company founded as part of SoftBank Group

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    CNBC

    As part of the Ohio deal, SB Energy and SoftBank will build power sources supporting 10 gigawatts of energy and invest at least $4.2 billion in grid infrastructure for the region. Nvidia will invest $1.5 billion in SB Energy.

    New York Post Business

    As part of the arrangement, Nvidia is also pouring $1.5 billion into SB Energy, a data center firm that’s a subsidiary of Masayoshi Son’s SoftBank.

  3. OpenAI said the data center project is “expected to create 35,000 construction jobs during its six-year buildout through 2032 and 2,500 long-term operating jobs.”

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    CNBC

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

From the margins

2 details only one outlet reported

Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.

  1. 01 CNBC

    Recent Securities and Exchange Commission guidance is underpinning the debt-fueled data center buildout to support artificial intelligence.

  2. 02 New York Post Business

    “We are securing long-lived infrastructure for Nvidia compute so OpenAI can deploy the most productive AI factories that can be upgraded repeatedly with each new generation delivering more intelligence and better economics,” Nvidia CEO Jensen Huang said in a press release.

Assembled from 3 corroborated claims drawn from 3 independent outlets. Every passage above is taken verbatim — Dorothy doesn't paraphrase or summarize.

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Coverage by Perspective

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Sources (3)

  • ft
  • cnbc
  • nypost-biz

Original Articles (4)

Center Nvidia financing initiative follows SEC guidance that takes sponsors off the hook for data center investments — CNBC
Center Nvidia backs financing for OpenAI data center in Ohio — CNBC
Center Nvidia pledges $100bn backing for OpenAI data centre in Ohio — Financial Times
Lean Right Nvidia provides $105B in financing toward OpenAI’s massive Ohio data center — will be one of biggest in world — New York Post Business