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Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, The Information reports
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore /Technology

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, The Information reports

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • Nvidia is reportedly in talks to invest up to $3 billion in SB Energy, a SoftBank subsidiary.
  • The investment is part of negotiations for Nvidia to provide around $100 billion in credit support for OpenAI's planned data center in Ohio.
  • SB Energy is developing the massive data center project for OpenAI.

Chip giant Nvidia is reportedly in discussions to invest as much as $3 billion in SB Energy, a subsidiary of SoftBank Group. This potential investment is linked to broader negotiations concerning Nvidia's role in supplying approximately $100 billion in credit support for a massive data center campus planned by OpenAI in Ohio.

SB Energy is the developer behind this significant data center project for OpenAI. The collaboration signifies a major push in artificial intelligence infrastructure, with Nvidia's substantial credit support aiming to facilitate the construction and operation of the advanced computing facilities required for OpenAI's AI development.

The Information reported on the talks, citing sources familiar with the discussions. While Reuters could not immediately verify the report, the scale of the potential investment and credit support underscores the growing demand for AI-related hardware and infrastructure. Nvidia's involvement would be crucial in enabling OpenAI to scale its operations and further its research and development in artificial intelligence.

DistantNews Editorial

Originally published by CNA in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.