Nvidia backing $105 billion in financing for OpenAI data center in Ohio
Summary
Nvidia will provide up to $105 billion in financing to help OpenAI build a large AI data center in Ohio that will have 4.25 gigawatts of computing capacity (the amount of electrical power a system can use), with an option to expand by 3.75 additional gigawatts. The facility, managed by SB Energy, is expected to come online in phases starting in 2028 and will support the high-end chips and computing power that AI systems need to operate.
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Original source: https://www.cnbc.com/2026/08/17/nvidia-financing-open-ai-data-center-ohio.html
First tracked: August 17, 2026 at 02:00 PM
Classified by LLM (prompt v3) · confidence: 92%