- 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
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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.- 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
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
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SoftBank Group
Japanese company
Related events
- SoftBank's subsidiary, SB Energy, is seeking a large data center lease and discussing funding guarantees for a major data center project.
- The new event covers two distinct stories: the development of a massive data center project in Ohio involving Nvidia and OpenAI, and a warning from the European Central Bank regarding financial instability in the euro area.
- Nvidia, Goldman Sachs, OpenAI, and BlackRock are discussing business strategies, including a data center lease guarantee in Ohio and the launch of a new infrastructure financing platform.
- OpenAI announced a partnership that will drive massive data center investment in Milwaukee.
- Data center plans involving Nvidia and OpenAI could generate $600B in revenue.