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OpenAI commits to 10GW, 20-year Ohio data center with SB Energy; Nvidia backstops completed facility value

OpenAI signed a 20-year agreement with SoftBank's SB Energy for a 10GW data center in Ohio, with Nvidia agreeing to guarantee a portion of the completed facility's value.

WHY IT MATTERS

The 10GW scale and 20-year duration represent a massive infrastructure commitment by a single AI company, indicating the compute demands driving long-term capacity planning. Nvidia's backstop arrangement ties the chipmaker to the project's success beyond hardware sales, creating a deeper financial relationship between GPU vendors and their largest customers.

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The three things worth knowing

01

OpenAI signed a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy.

02

Nvidia agreed to backstop a portion of the completed data center's value.

03

The agreement followed weeks of negotiations over what is described as the largest data-center project.

THE CLUSTER

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Techmeme OpenAI signs a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy; Nvidia agrees to backstop a portion of the value of the completed data center (Anissa Gardizy/Wall Street Journal) Open ↗