Nvidia Invests $1.5 Billion in Data Center Project
Nvidia has announced a significant investment in its data center project, with a total value of $1.5 billion.
The company will be the sole supplier of compute infrastructure at OpenAI’s new data center near Cincinnati, Ohio, and will also provide up to $105 billion in credit to help build the facility.
SB Energy, which is backed 2 gigawatt natural gas power plant on the site.
The power plant is expected to cost $33 billion, reflecting the rising costs of building natural gas power plants.
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The project has been years in the making and will see significant growth from an initial 4.25 gigawatts to 8 gigawatts in size.
Nvidia’s investment ensures a major boost to its data center business, which is set to play a key role in powering AI applications.
The partnership between Nvidia and OpenAI marks another significant move
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