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Nvidia plans $250bn push to bolster OpenAI’s infrastructure ambitions
Nvidia is reportedly negotiating a $250 billion funding guarantee to support OpenAI’s lease of a massive data center in Piketon, Ohio. The facility, developed by SoftBank subsidiary SB Energy, aims to deliver 800 megawatts of electricity by 2028, sufficient to power 640,000 homes. This public-private partnership utilizes land leased from the US Department of Energy. While the guarantee covers the lease, it excludes an additional $350 billion in chip costs, though Nvidia is also discussing those terms. [...]