Nvidia in Talks to Invest $3 Billion in SB Energy as Part of OpenAI Data Center Deal

Nvidia is in talks to invest as much as $3 billion in SB Energy, the Softbank Group-backed developer of a massive planned Ohio data center project for OpenAI, according to people familiar with the discussions. The investment is being discussed as part of Nvidia’s negotiations with OpenAI and SB Energy over the chip giant providing around $100 billion in credit support for the planned Ohio data center campus, one of the people said. Those deals would add to a growing number cases where Nvidia is using its financial heft to support AI-related companies and projects to make it easier for firms to buy and use Nvidia hardware.