GoKawiilJensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company's "Japan AI Ecosystem" reception in Tokyo, Japan, on Thursday, July 16, 2026.
Nvidia will provide up to $105 billion in financing for a new artificial intelligence data center for OpenAI in Ohio, a securities filing revealed on Monday.
The credit will support an initial 4.25 gigawatts of computing capacity with the option for an additional 3.75 gigawatts. Capacity is expected to come online in phases in 2028.
SB Energy will build and manage the datacenter at the PORTS-Pike Technology Campus in Pike City, Ohio, through a 20-year lease to OpenAI. The frontier lab has a stake in the company, and OpenAI CEO Sam Altman was also an early investor in SB Energy.
"We are securing long-lived infrastructure for NVIDIA compute so OpenAI can deploy the most productive AI factories that can be upgraded repeatedly with each new generation delivering more intelligence and better economics," said Nvidia CEO Jensen Huang in a release.
CNBC previously reported that Nvidia was in discussions with OpenAI to provide a backstop of up to $250 billion that would let the model maker raise debt for a 10-gigawatt data center at the Ohio location.
The Wall Street Journal reported last week that Nvidia was set to cut that guarantee to less than $120 billion for the buildout.