OpenAI signs a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy; Nvidia agrees to backstop a portion of the value of the completed data center (Anissa Gardizy/Wall Street Journal)

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OpenAI secured a 20-year, 10GW Ohio data center lease backed by SoftBank energy capacity and Nvidia financial support.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/articles/openai-locks-in-lease-for-huge-data-center-in-ohio-with-backing-from-nvidia-7474bb9c?st=KE3CJC&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260817/i15.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260817/p15#a260817p15" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Anissa Gardizy / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/articles/openai-locks-in-lease-for-huge-data-center-in-ohio-with-backing-from-nvidia-7474bb9c?st=KE3CJC&amp;reflink=desktopwebshare_permalink">OpenAI signs a 20-year, 10GW data center deal in Ohio with SoftBank's SB Energy; Nvidia agrees to backstop a portion of the value of the completed data center</a></b></span>&nbsp; &mdash;&nbsp; Agreement with SoftBank's SB Energy caps weeks of negotiations over the largest data-center project announced to date</p>