All articles tagged with #sb energy
OpenAI is moving forward with a massive Ohio data center featuring 8 IT-gigawatts of compute backed by Nvidia for up to $105 billion in lease/power guarantees to SB Energy; the plan includes at least 10 GW of new energy generation and a 20-year lease, with capacity expected in 2028, as part of a broader push to host large gas-powered AI campuses on Cold War–era sites.
According to The Information, Nvidia is negotiating up to $3 billion in SB Energy—SoftBank's energy unit—to back OpenAI's planned Ohio data center campus, part of roughly $100 billion in credit support; the deal could be staged with half the funds at signing and the rest around SB Energy's anticipated IPO, though Reuters could not immediately verify the report.
OpenAI and SoftBank are investing $1 billion in SB Energy to expand AI data center infrastructure for the Stargate initiative, including building a large data center in Texas and deploying AI tools for SB Energy employees, as part of a broader push to support AI growth through significant energy infrastructure investments.
OpenAI and SoftBank are investing $1 billion in SB Energy to support the expansion of AI infrastructure, including building a large data center in Texas, as part of a broader strategic partnership and the Stargate initiative aimed at scaling AI capabilities and infrastructure development.