Nvidia to provide up to US$105 billion guarantee for OpenAI’s Ohio data centre

Nvidia has agreed to provide up to US$105 billion in lease payment guarantees to help OpenAI secure a sprawling data centre in Ohio. The infrastructure project is being developed by SoftBank-backed SB Energy.

This commitment represents one of the chipmaker's largest infrastructure financing commitments to date. In addition to the lease guarantees, the chip giant will also make a direct investment as part of the agreement.