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Nvidia is in talks to back OpenAI's Ohio data center with $250 billion in financing - qz.com

Nvidia is in talks to back OpenAI's Ohio data center with $250 billion in financing - qz.com

Business and EconomyBy Cris Tolomia7/27/20261 min read

The chipmaker's backing would help OpenAI lease a 10-gigawatt project in southern Ohio being developed by SoftBank's energy subsidiary

✨ Key Highlights

  • Nvidia is reportedly in discussions to provide up to $250 billion in financing to support an OpenAI data center project in southern Ohio.
  • The chipmaker's backing would help OpenAI lease the facility, described as a 10-gigawatt project.
  • The Ohio development is being handled by an energy subsidiary of SoftBank.
  • The potential deal underscores the growing scale of investment tied to artificial intelligence infrastructure and the deepening relationships among major technology and financing players.
  • The arrangement links three prominent names in the AI buildout — Nvidia as a hardware supplier and potential financier, OpenAI as the operator, and SoftBank as the developer — around a single large-scale computing site.
Nvidia in talks to back OpenAI Ohio data center with $250 billion Global business news for a smarter world Ā© 2026 Quartz Media, Inc. All rights reserved. The chipmaker's backing would help OpenAI
Nvidia is in talks to back OpenAI's Ohio data center with $250 billion in financing - qz.com — Bloorian