OpenAI Announces Massive Data Center In Ohio With $105 Billion Nvidia Guarantee (axios.com)
- Reference: 0185023222
- News link: https://news.slashdot.org/story/26/08/17/1831220/openai-announces-massive-data-center-in-ohio-with-105-billion-nvidia-guarantee
- Source link: https://www.axios.com/2026/08/17/openai-nvidia-ohio-data-center-sb-energy
> 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.
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> 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 .
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> 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
Re: (Score:2)
What does that have to do with anything. Environmental footprint is a budget like everything else.
Housing is most peoples largest expense. Your statement is like saying someone should address the cost structure of their housing before complaining they can't afford a thoroughbred race horse. It is a question of priority, most people if you ask them would probably answer that they'd sure like have tripple-crown winner in a stable somewhere, but having a comfortable place to live is higher priority and if the
Re: (Score:2)
"I'll take a side of AI slop with my beef, if I can have it all sure, but I am perfectly happy to leave the AI until I have enjoyed some nice steak and few burgers thank you very much."
Do I get to cancel out your preferences with my vote?
Re: (Score:1)
> has an *exponentially* higher environmental footprint than all these AI data centers - so I hope the anti-AI people have tackled their meat consumption first.
Why don't you first address the environmental footprint of sucking billionaire cock? At minimum it's got to be hard on your jaw.
Re: (Score:2, Insightful)
Humans enjoy a steak. Humans do not enjoy LLMs. Enjoyment is the whole of life. BTW:: If the 10 major LLM companies disappeared tomorrow would anyone care? Yep! Pure play investors and globalist sociopaths would care. Hope it hurts a lot. EOF.
Re: (Score:3)
> Humans do not enjoy LLMs.
Right. Meanwhile in the real world the Internet is awash with computer generated memes, videos, and lonely people getting too attached to their chatbot friends.
Re: (Score:2, Funny)
But if you don't eat meat, how are you supposed to get any pudding?
Re: (Score:2)
Kick your feet!
Re: (Score:3, Funny)
Hey... Teacher... leave those kids alone!
I'm a vegetarian you insensitive clod! (Score:2)
Also, comparing a single datacenter to population-wide consumption is meaningless.
The entire state of Ohio currently 30GW (Score:2)
Per [1]https://www.eia.gov/electricit... [eia.gov] the entire state of Ohio has a summer capacity of 30GW. So this single data center will have a third again as much as the entire state does today. Crazy.
However I would say that given the experience with Intel, Ohioans should be wary of this actually coming to fruition. Also also, their overtly corrupt state representatives will likely find some way to try and extract indulgences from OpenAI/Softbank/NVDIA to possibly derail the scheme.
Lastly lastly, if all of th
[1] https://www.eia.gov/electricity/state/Ohio/
Re: (Score:2)
Usually when a business gets loaded up with unrecoverable debt, the plan is to abandon it eventually. So you stick as much debt on it as you can get away with. What percentage of the AI industry's debt is getting attached to Nvidia?
Re: (Score:2)
And who is staking nvidia's debt? Round and round we go . . .
Re: (Score:1)
Because we need more electric stoves and furnaces and water heaters... we don't need NatGas for heat and cooking.
When the AI bubble bursts, the only thing that changes will be less 'AI for free' and tons of fees for every single thing AI does.
Did the internet go anywhere when the Dot-Com bubble burst?
Good timing on the announcement. (Score:2)
For Sherrod Brown!
Stock Market Manipulation (Score:2)
At what point will will call this out for what it is: massive stock market manipulation by promising to sell and buy in the future with money Open AI does not have today? NVidia is playing a dangerous game here, one which threatens the US power grid and our drinking water, and our lives, by simple ugly greed.
Re: (Score:2)
One could hope that they'd have to build out the power plants first so we can have something useful whenever the rest goes belly up but I'm sure we won't be so lucky.
How is it guaranteed? (Score:2)
I read all the links and it does not detail how Nvidia is going to guarantee the lease. Are they issuing bonds, stock grants, a chance to dive for change in CEO Jensen Huang's couch, pinky swear?
Ouroboros of Shit (Score:3)
We pay you to pay us, we're now doing Trillions!
Re: (Score:2)
The math is not adding up for 50B a year industry