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Nvidia Mulls $250B Guarantees for OpenAI Ohio Data Center

7/27/2026

34 3 Full Breakdown

Summary

Story summary

Nvidia is in early talks to provide $250 billion in guarantees for OpenAI’s 10-gigawatt Ohio data-center lease.
SoftBank’s SB Energy is developing the campus on a former uranium-enrichment site in Pike County, Ohio.
The project’s cost is estimated at at least $500 billion, with the first phase slated to supply about 800 megawatts by 2028.
Nvidia is also negotiating a separate $350 billion financing package for OpenAI’s future chip purchases.

History

Historical Context

Microsoft opened its Quincy, Washington data center in 2007, attracted by cheap hydroelectric power and state tax credits; the site consumes 30–50 MW and set a renewable-energy precedent. Equinix’s 2015 clean-energy pledge and 2020 green-bond issuance reinforced that trend. Nvidia’s 2024 financing talks with OpenAI for an Ohio AI campus follow the same large-scale, green-focused corporate investment model.

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Story summary

Nvidia is in early talks to provide $250 billion in guarantees for OpenAI’s 10-gigawatt Ohio data-center lease.
SoftBank’s SB Energy is developing the campus on a former uranium-enrichment site in Pike County, Ohio.
The project’s cost is estimated at at least $500 billion, with the first phase slated to supply about 800 megawatts by 2028.
Nvidia is also negotiating a separate $350 billion financing package for OpenAI’s future chip purchases.

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