- AMD and Nvidia are competing fiercely for market share in the AI infrastructure sector, driven by enterprise demand and evolving AI workloads.
- Nvidia is securing HBM memory supply for next-gen Rubin chips while OpenAI considers a data center lease in Ohio.
- OpenAI is in talks to lease a data center campus on federal land in Ohio, with potential financial backing from Nvidia.
- OpenAI is planning a 10-gigawatt data center campus in Ohio, with Nvidia negotiating a financial guarantee for the project.
A major data center project is developing in Ohio, with consideration of up to a $3 billion investment from SoftBank Group.
1 report, 1 independent
Updated Aug 17
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A major data center project is developing in Ohio, with consideration of up to a $3 billion investment from SoftBank Group.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- OpenAI plans a data center in Southern Ohio, leased by a SoftBank subsidiary, amid local opposition polling.Sub-event
- A data center business is developing in Ohio, with SB Energy relying on OpenAI for viability and planning a Nasdaq listing.Sub-event
SoftBank Group is considering a $3 billion investment in the Ohio data center project.1 source
Keep exploring
Part of
OpenAI is planning a 10-gigawatt data center campus in Ohio, with Nvidia negotiating a financial guarantee for the project.Also in this story
- Nvidia agreed to provide funds for OpenAI's data center construction.
- Nvidia has committed to financing and guaranteeing leases for OpenAI's data center in Ohio.
- Nvidia is securing multiple financing packages from major firms like Blackstone, Goldman Sachs, and Brookfield for data center projects.
- Nvidia is involved in Ohio data center financing and provides financing for OpenAI chip purchases.
The entities involved
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Ohio
state of the United States of America
- Amid the Ohio gubernatorial race, both Amy Acton and Vivek Ramaswamy are candidates, and Ramaswamy is currently being interviewed alongside a professor from the University of Akron.
- General Motors is dismantling production capacity and cutting jobs across North America, including plants in Ohio, Kansas City, and Detroit.
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OpenAI
American artificial intelligence research organization
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SoftBank Group
Japanese company
Related events
- BlackRock is expanding training for Texas data centers, while Google targets skilled trades in Dallas. Meanwhile, Meta and OpenAI are involved in AI data center construction in Michigan.
- OpenAI is leasing data center power from Oracle, which is expanding its capacity at sites in Abilene, Michigan, and Georgia.
- A massive data center project in New Mexico, backed by Blue Owl Capital, is utilizing Bloom Energy fuel cells for power and plans to sell computing capacity to OpenAI via Oracle.
- Industrial electricity rates climbed in Ohio and Pennsylvania due to growing data center demand.