Nvidia is in talks to invest as much as US$3 billion (HK$23.4 billion) in SB Energy, a SoftBank Group subsidiary developing a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with the discussions.<\/p>\n
Here are some details:<\/p>\n
The proposed investment is part of Nvidia’s talks with OpenAI and SB Energy on providing around US$100 billion in credit support for the planned Ohio data center campus, the report said.<\/p>\n
Nvidia has discussed investing half of the US$3 billion when the Ohio project deal is signed and the other half as part of SB Energy’s planned initial public offering, according to the Information.<\/p>\n
Reuters could not immediately verify the report. Nvidia and SB Energy did not immediately respond to requests for comment outside regular business hours.<\/p>\n
SB Energy is aiming to go public as soon as next month and could raise at least US$5 billion in the IPO, the report added.<\/p>\n
SB Energy, which is also backed by OpenAI, develops large-scale power and data center infrastructure projects. Founded in 2019, the company is building several data center campuses to support rising demand tied to AI workloads.<\/p>\n
The Wall Street Journal on Friday reported that Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than US$120 billion, down from the US$250 billion previously discussed.<\/p>\n
Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia is in talks to invest as much as US$3 billion (HK$23.4 billion) in SB Energy, a SoftBank…\n","protected":false},"author":2,"featured_media":141350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1242,387,9432,1151,9431,9437,9434,9433,9435,4044,157,9436,897,9430,9429,128],"class_list":["post-141349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-breaking-news","tag-china","tag-english-daily","tag-finance","tag-free-newspaper","tag-headlines","tag-hong-kong-media","tag-hong-kong-news","tag-hong-kong-news-media","tag-latest-news","tag-openai","tag-sing-tao","tag-sports","tag-standard","tag-the-standard","tag-world"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/141349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=141349"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/141349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/141350"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=141349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=141349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=141349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}