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NVIDIA backs $105 billion Ohio AI campus with SB Energy and OpenAI
Filed with the SEC on · Summarized by InvestorsBot
NVIDIA entered residual value guaranties with SB Energy covering leases for about 4.25 gigawatts of IT capacity at an Ohio data center campus, with OpenAI as the tenant, and may provide support for an additional 3.8 gigawatts. NVIDIA’s initial obligations are capped at $105 billion, subject to conditions including the facilities being ready for service beginning in 2028; NVIDIA also plans to invest $1.5 billion in SB Energy, while OpenAI has agreed to reimburse NVIDIA for amounts it pays under the guaranties.