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technology • Aug 18, 2026
๐‚๐ž๐ง๐ญ๐ซ๐žNvidia is making another major move to secure the infrastructure behind the global AI boom, agreeing to invest $1.5 billion in SB Energy, a SoftBank subsidiary developing a massive data centre in Ohio for OpenAI.

The planned facility in Pike County, Ohio, is expected to reach up to 8 gigawatts of capacity, with the first 800 megawatts targeted to come online in 2028. OpenAI is expected to lease the site for 20 years, while Nvidia will be the facilityโ€™s exclusive chip provider.

Nvidia has also committed to providing up to $105 billion in guarantees connected to the project, covering elements including lease and power payments and helping secure the long-term infrastructure.

The scale of the project highlights how the AI race is rapidly becoming an infrastructure race, with massive requirements for computing power, electricity, land and data-centre capacity.

SoftBank and SB Energy also plan to develop at least 10 gigawatts of new power generation, alongside approximately $4.2 billion in regional grid infrastructure. The project is expected to generate around 35,000 construction jobs and 2,500 long-term operating positions.

The deal also illustrates Nvidiaโ€™s evolving role beyond being a chip supplier โ€” increasingly becoming a strategic financier and infrastructure partner in the AI ecosystem.
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