Nvidia Bets Big on OpenAI’s Data Center | Business and Finance News

Nvidia is betting big on AI’s future by pledging up to $105 billion in financing for OpenAI’s colossal Ohio data center — a facility set to gulp eight gigawatts of power, more than New York City uses daily. In exchange for this massive infrastructure play, Nvidia will also invest $1.5 billion in SB Energy, the developer, and secure exclusive use of its chips at the site. But here’s the twist: Nvidia isn’t handing over cash upfront — it’s offering a financial safety net, only activating if OpenAI defaults on payments. The catch? OpenAI’s ballooning commitments could hit $750 billion over four years, while soaring sales mask deep cash drains. If OpenAI falters, Nvidia could be stuck footing the bill — or reaping huge profits if everything goes according to plan. This deal underscores how tightly AI’s destiny is now woven into the fabric of its power infrastructure. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/53c5954dd4428b67