Nvidia to Provide $2.5 trillion Guarantee for OpenAI Ohio AI Data Center

Nvidia OpenAI Ohio AI data center $2.5 trillion guarantee

Nvidia is negotiating a financing guarantee of roughly $2.5 trillion for OpenAI to lease a 10‑gigawatt AI data center being built in southern Ohio by SoftBank’s energy subsidiary. The project, owned by Masayoshi Son’s SoftBank, is expected to cost more than $5 trillion when chip expenditures are included. Power for the site will be supplied by the U.S. government, while Japan will contribute about $33 billion under a recent trade agreement. U.S. Commerce Secretary Howard Lutnick is directly involved in deciding which AI firms receive allocations of the electricity. The first construction phase is slated for completion in 2028 with an initial capacity of around 800 megawatts, after which the site will expand toward its full 10‑gigawatt output. Nvidia has already invested $30 billion in OpenAI and is discussing additional financing for chip purchases that could total up to $3.5 trillion.

Entities: Howard Lutnick · Masayoshi Son · Nvidia Corp · Nvidia Corp. · OpenAI · SoftBank Energy (SoftBank Group Corp.) · SoftBank Group

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 3 SOURCES] The U.S. government controls the electricity supply, while Japan will provide $33 billion under a trade deal. (source)
[● 3 SOURCES] The data center will be built in southern Ohio with a 10 GW power capacity. (source)
[● 3 SOURCES] U.S. Commerce Secretary Howard Lutnick is involved in decisions on power allocation for the project. (source)
[● 3 SOURCES] The first phase is expected to be completed by 2028 with about 800 MW capacity. (source)
[DISPUTED] Nvidia is negotiating to provide a $250 billion financing guarantee to OpenAI for a data center project. (articles 1, 2, 3)
[● 3 SOURCES] SoftBank’s energy subsidiary, controlled by Masayoshi Son, is developing the site. (source)
[DISPUTED] Nvidia has already invested $30 billion in OpenAI and is discussing up to $350 billion in financing for chip purchases. (articles 1, 2)
[● 3 SOURCES] The total cost of the project, including chips, could exceed $5 trillion. (source)
[DISPUTED] Nvidia is negotiating to provide about $2.5 trillion financing guarantee for OpenAI’s Ohio AI data center project. (source)
[DISPUTED] Nvidia has invested $30 billion in OpenAI and is discussing financing for chip purchases potentially up to $3.5 trillion. (source)