OpenAI Close to Landing $500 Billion Data Center With Nvidia's Backing
TLDR ● Covered by 2 sources
OpenAI is in advanced negotiations to lease a $500 billion data center in southern Ohio, with Nvidia committing $250 billion in financial backing for the project. The facility requires approval from Commerce Secretary Howard Lutnick. If completed, the project would represent a major infrastructure investment supporting OpenAI's large language model development and deployment capabilities.
Why it matters
OpenAI is close to leasing a $500 billion data center in southern Ohio with Nvidia providing a $250 billion financial backstop for the project. The deal requires Commerce Secretary Howard Lutnick's approval.
