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💰 Funding⭐ Top story Verified90August 18, 2026

Nvidia Guarantees Ohio Data Center for OpenAI with $105 Billion Backing

Nvidia guarantees OpenAI's Ohio data center with $105 billion, ensuring exclusive chip supply.

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Insta's take

"Nvidia just dropped a massive guarantee on OpenAI's Ohio data center. They're locking in their chips as the AI backbone. Smart move."

Nvidia is providing up to a $105 billion guarantee for an OpenAI data center in Ohio. This investment includes $1.5 billion in SB Energy, the data center developer linked to SoftBank and OpenAI. The guarantee ensures that Nvidia will be the sole supplier of compute infrastructure at OpenAI’s PORTS-Pike Technology Campus in Ohio.

The Ohio data center is projected to scale from an initial 4.25 gigawatts to 8 gigawatts. OpenAI has committed $164 million for Ohio programs in connection with this project. The facility will exclusively host NVIDIA AI compute, according to the NVIDIA Newsroom. SB Energy's existing investors include SoftBank and OpenAI.

This significant financial backing from Nvidia underscores its strategic interest in powering major AI infrastructure projects. The investment in SB Energy and the guarantee for the Ohio data center solidify Nvidia's position as a key technology provider for large-scale AI operations, specifically for OpenAI's computing needs.

Why Insta thinks this matters

This development highlights the massive capital investments required for advanced AI infrastructure. For businesses, it signals Nvidia's dominance in AI compute and the growing reliance on specialized hardware for AI development. It also showcases the strategic partnerships forming to support the escalating demands of AI.

Higgsfield Valuation Quadruples to $5.4 BillionHiggsfield Valued at $5.4 Billion with Goldman, Intel Backing
Sources
TechCrunchAxiosNVIDIA NewsroomCNBCReutersYahoo Finance Australia

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