Nvidia disclosed in a securities filing that it will provide up to $105 billion in credit and computing hardware for a new OpenAI data centre in Pike County, Ohio. SB Energy will build and run the site under a 20-year lease to OpenAI, with capacity arriving in phases from 2028. The commitment is smaller than the roughly $250 billion backstop previously discussed.
What changed
Nvidia had been discussed as backstopping up to $250 billion for a 10-gigawatt Ohio site.
- up to $105bn in financing
- 4.25 GW initial capacity
- 3.75 GW optional additional
- $1.5bn Nvidia stake in SB Energy
- cnbc.com2026-08-17