NVIDIA invests $1.5 billion in SB Energy for Ohio AI campus
Filed with the SEC on · Summarized by InvestorsBot
NVIDIA will invest $1.5 billion in SB Energy and provide credit support for land, power and construction at the PORTS-Pike Technology Campus in Ohio, where it will be the exclusive AI infrastructure provider. OpenAI will lease the data center for 20 years and is expected to use an initial 4.25 IT-gigawatts of NVIDIA capacity, with the campus planned to begin coming online in phases in 2028; the project includes at least $4.2 billion in regional grid investment and an expanded $80 million community benefits fund.