Topline<\/p>\n
Nvidia and OpenAI have held talks to spend roughly $500 billion on a data center in southern Ohio, potentially becoming the largest such project by power capacity in the world by far.<\/p>\n
The development would become the world\u2019s largest data center by power capacity. <\/p>\n
AFP via Getty ImagesKey Facts<\/p>\n
Nvidia has discussed providing $250 billion to OpenAI to help the ChatGPT maker lease a proposed 10-gigawatt site being developed about 50 miles south of Columbus, Ohio, by SoftBank\u2019s energy subsidiary SBEnergy, the Wall Street Journal reported<\/a>, citing people familiar with the matter.<\/p>\n That would dwarf the power output of other planned data center projects, including a $20 billion, 3.2-gigawatt project in Effingham County, Georgia, announced<\/a> by OpenAI last week.<\/p>\n The full project could cost more than $500 billion with the added costs of Nvidia\u2019s chips, and OpenAI is discussing a chip purchase valued up to $350 billion, the Journal reported.<\/p>\n Power for the site\u2014located on federally owned land\u2014is controlled by the U.S. and funded by Japan, which agreed to fund $33 billion as part of a commitment to invest in the U.S. in exchange for lower tariffs.<\/p>\n Japan and the U.S. would share proceeds from power sales at the site until Japan recoups its $33 billion, after which the U.S. would hold 90% control.<\/p>\n The project\u2019s first phase is expected to be completed by 2028 with around 800 megawatts of power.<\/p>\n what to watch for<\/p>\n Commerce Secretary Howard Lutnick is reportedly involved in deciding which companies will receive access to power at the site. Anthropic, Microsoft and Google have also spoken to Lutnick about interest in the site.<\/p>\n surprising fact<\/p>\n