Nvidia May Invest US$3B in SoftBank’s AI Data Center Developer: Report
By TaiwanPlus
Nvidia is in talks to invest up to US$3 billion in SB Energy, a subsidiary of Japan’s SoftBank Group that plans to build a massive data center for OpenAI, according to tech media outlet The Information. The 10-gigawatt facility in Ohio is described by the US government as the world’s biggest. Nvidia had originally planned to provide a US$250 billion guarantee for the project. But the Wall Street Journal reports that the guarantee has been roughly halved amid investor concerns. Nvidia has already committed more than US$70 billion to investments in AI companies as demand for AI infrastructure continues to grow rapidly.
Nvidia in Data Center Talks
REPORTER:
Nvidia is in talks to invest up to 3 billion US dollars in SB Energy, a company that plans to build a massive data center for OpenAI. That’s according to US tech media outlet the Information.
SB Energy is a subsidiary of Japan’s SoftBank Group. The US government says the 10-gigawatt center in Ohio will be the world’s biggest. Nvidia originally planned to provide a 250 billion US dollar guarantee for the project. But a new Wall Street Journal report says the guarantee has now been roughly halved due to investor concerns. Nvidia has already committed to invest more than 70 billion dollars in AI companies.
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Nvidia Datacenter Investment Rumors
REPORTER:
Nvidia is in talks to invest billions of dollars in an AI datacenter developer, according to US tech media.
The Information says Nvidia could invest 3 billion US dollars in a unit of Japan’s SoftBank Group. SB Energy is developing a 10-gigawatt AI datacenter campus in Ohio that the US government says will be the world’s biggest. Nvidia originally planned to provide a 250 billion dollar guarantee for the datacenter, but that may have been cut in half due to investor concerns. Nvidia has already committed more than 70 billion dollars to investments in AI companies.
