OpenAI Announces Massive Data Center In Ohio With $105 Billion Nvidia Guarantee (axios.com)
(Tuesday August 18, 2026 @11:00AM (BeauHD)
from the latest-developments dept.)
OpenAI has [1]signed a 10-year lease for an enormous Ohio data center that will eventually provide 8 gigawatts of computing capacity and require at least 10 gigawatts of new power generation. According to [2]OpenAI , Nvidia will be supplying the chips and [3]guaranteeing up to $105 billion in lease and power obligations. From the report:
> The facility -- which will be built and owned by SoftBank's SB Energy -- illustrates the immensity of the computing and power needed to fuel the growth of the AI economy. The data center will have 8 IT-gigawatts of computing capacity, powered by 10 gigawatts of new energy generation, on private land and federal property formerly used for uranium enrichment.
>
> Nvidia -- which will be the exclusive provider of chips to the site -- agreed to guarantee up to $105 billion in conditional lease and power payment obligations to SB Energy, according to [4]an SEC filing (PDF). The so-called "land, power and shell" deal structure could allow for multiple upgrade cycles for new generations of Nvidia infrastructure at the site, Nvidia CEO Jensen Huang [5]said on X .
>
> A massive 9.2 gigawatts of new gas-fired power is ultimately envisioned for the Ohio project, which U.S. officials [6]say Japan is funding under the 2025 trade and investment deal. SB Energy and SoftBank "will build at least 10 GW of new energy generation," a joint announcement from Nvidia, OpenAI and SB Energy states. Nvidia also said today that it's investing $1.5 billion in SB Energy to back its "continued evolution into a leading AI infrastructure developer."
[1] https://www.axios.com/2026/08/17/openai-nvidia-ohio-data-center-sb-energy
[2] https://openai.com/index/openai-joins-ports-pike-project/
[3] https://nvidianews.nvidia.com/news/nvidia-guarantees-sb-energy-s-ports-pike-technology-campus-in-ohio-to-exclusively-host-nvidia-ai-compute
[4] https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/988230c7-dd29-466b-92dc-5cf34f65b60f.pdf
[5] https://x.com/JensenHuang/status/2089331487342829862
[6] https://www.energy.gov/articles/fact-sheet-department-energy-ensuring-affordable-energy-access-ohio-while-powering-future
> The facility -- which will be built and owned by SoftBank's SB Energy -- illustrates the immensity of the computing and power needed to fuel the growth of the AI economy. The data center will have 8 IT-gigawatts of computing capacity, powered by 10 gigawatts of new energy generation, on private land and federal property formerly used for uranium enrichment.
>
> Nvidia -- which will be the exclusive provider of chips to the site -- agreed to guarantee up to $105 billion in conditional lease and power payment obligations to SB Energy, according to [4]an SEC filing (PDF). The so-called "land, power and shell" deal structure could allow for multiple upgrade cycles for new generations of Nvidia infrastructure at the site, Nvidia CEO Jensen Huang [5]said on X .
>
> A massive 9.2 gigawatts of new gas-fired power is ultimately envisioned for the Ohio project, which U.S. officials [6]say Japan is funding under the 2025 trade and investment deal. SB Energy and SoftBank "will build at least 10 GW of new energy generation," a joint announcement from Nvidia, OpenAI and SB Energy states. Nvidia also said today that it's investing $1.5 billion in SB Energy to back its "continued evolution into a leading AI infrastructure developer."
[1] https://www.axios.com/2026/08/17/openai-nvidia-ohio-data-center-sb-energy
[2] https://openai.com/index/openai-joins-ports-pike-project/
[3] https://nvidianews.nvidia.com/news/nvidia-guarantees-sb-energy-s-ports-pike-technology-campus-in-ohio-to-exclusively-host-nvidia-ai-compute
[4] https://d18rn0p25nwr6d.cloudfront.net/CIK-0001045810/988230c7-dd29-466b-92dc-5cf34f65b60f.pdf
[5] https://x.com/JensenHuang/status/2089331487342829862
[6] https://www.energy.gov/articles/fact-sheet-department-energy-ensuring-affordable-energy-access-ohio-while-powering-future