Top Stories· August 17, 2026 at 03:16 p.m.
Nvidia Invests $1.5 Billion in SoftBank Data Center Developer for OpenAI Project
Key takeaways
- Nvidia invests $1.5 billion in SB Energy
- SB Energy to build 9.2 gigawatt natural gas power plant
- Investment makes Nvidia exclusive compute infrastructure supplier for OpenAI's data center
Tech giant Nvidia announced on Monday a $1.5 billion investment in SB Energy, a data center developer with ties to SoftBank and OpenAI. This investment makes Nvidia the exclusive supplier of compute infrastructure at OpenAI's Ports-Pike data center near Cincinnati, Ohio. Nvidia will also provide up to $105 billion in credit for the facility's construction, which could expand from an initial 4.25 gigawatts to 8 gigawatts. SB Energy's existing investors include SoftBank and OpenAI, with SoftBank previously holding $5.8 billion worth of Nvidia stock before selling it in November to fund other AI investments.
