Nvidia weighs $250 billion guarantee so OpenAI can lease SoftBank's 10-gigawatt Ohio campus, report claims — Nvidia also said to be discussing $350 billion deal to finance chips for the site
Summary
OpenAI is in advanced talks to lease SB Energy's 10 GW data center campus in Piketon, Ohio, with Nvidia in discussions to guarantee roughly $250 billion of the financing behind it.
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BREAKING: Nvidia is in talks with OpenAI to guarantee $250 billion in financing for a data center in Ohio.
— The Kobeissi Letter (@KobeissiLetter) July 26, 2026
Details include:
1. The guarantees from Nvidia would help OpenAI lease a 10GW project that SoftBank is developing in Ohio
2. In total, the project could cost more than…
BREAKING: Nvidia $NVDA is in talks to provide up to $250B in financing for an OpenAI datacenter in Ohio, as per the Wall Street Journal.
— amit (@amitisinvesting) July 26, 2026
- The project could exceed $500 billion in total cost, making it the largest announced AI data center project to date. The first phase is… pic.twitter.com/cPkx3Vyzbn