Nvidia considers $3 billion investment in SoftBank's SB Energy for OpenAI project

According to a report by Reuters citing The Information, Nvidia is currently negotiating a potential investment of up to $3 billion into SB Energy. This SoftBank-owned company is working on a data-center campus in Ohio specifically for OpenAI. While earlier discussions suggested a guarantee of $250 billion, Nvidia might now commit less than $120 billion to the project. This development follows news that SB Energy is planning to raise $5 billion through an initial public offering scheduled for next month.

by shortkt.com
3 hours ago
Nvidia considers $3 billion investment in SoftBank's SB Energy for OpenAI project | ShortKT