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The Latest Breaking News from SB Energy

Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centre

The new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but has also raised questions about circular funding flows between the ‌chip giant and its ⁠customers. Huang said the new deal was not circular financing and that Nvidia…

The Economic Times

Nvidia Could Pour $3 Billion Into SoftBank's SB Energy. The Bigger OpenAI Deal Could Reach $100 Billion.

The discussions could further deepen the financial ties between some of the biggest beneficiaries of the AI boom.

International Business Times

Nvidia Funds AI Frenzy: Timeline of its Circular Financing Deals ... So Far

NVIDIA Corp. (NASDAQ:NVDA) is reportedly in talks to guarantee roughly $250 billion in financing for OpenAI‘s new 10-gigawatt Ohio data center, a project developed by SoftBank’s energy subsidiary, SB Energy, according to The Wall Street Journal.

Benzinga

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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

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.

Tom’s Hardware

OpenAI weighs leasing Ohio data center with Nvidia backing: Report

OpenAI is in negotiations to lease a proposed ‌10-gigawatt ⁠data center ⁠campus on federal land in Ohio, in a deal ⁠that could ‌include financial backing ⁠from Nvidia, The Information reported on Tuesday, citing two people with direct ‌knowledge of the discussions.

The Economic Times

SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOs

SoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are preparing for initial public offerings in the United States. OpenAI, the creator of ChatGPT, is reportedly planning a fall debut. SB Energy, focused on data center energy infrastructure, also announced its…

The Economic Times

Analytics group signals possible delays at 40% of AI data center construction sites — companies deny schedule holdups, but satellite imagery indicates otherwise

At least 40% of all AI data centers slated for completion in 2026 will be delayed, according to a data analytics group. AI tech companies say everything is on schedule, but labor and material shortages are seemingly holding up construction.

Tom’s Hardware

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Trump officials announce 10-gigawatt data center, gas plants for former Ohio uranium site

The U.S. Department of Energy has announced a public-private partnership with SoftBank and AEP Ohio to develop a massive artificial intelligence data center and power complex at a former uranium enrichment site in southern Ohio

The Independent UK

AI’s insatiable thirst for data centers will need $3 trillion in investment in next 4 years, report reveals

Banks and other institutional lenders will have to play a ‘prominent role’ to provide financing for the projects, according to Moody’s Ratings

The Independent UK

Why sheep have become the unlikely hero of the booming US solar industry

The proliferation of sheep on solar farms is part of a broader trend that has exploded alongside the industry

The Independent UK

Google-backed solar project opens in Texas and is one of the largest in the US

One of the largest solar projects in the U.S. opened in Texas on Friday backed by what Google said is the largest solar electricity purchase it has ever made

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