Nvidia Invests $1.5 Billion in Data Center Project

Aug 17, 2026 - 21:29
Updated: 7 hours ago
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Nvidia investing $1.5B in SoftBank data center developer behind OpenAI 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.

Read More: Salesforce rolls out new Slackbot AI agent as it battles Microsoft and Google in workplace AI

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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