Nvidia Partners with Wall Street Firms on $500 Billion AI Infrastructure Deal
Nvidia has partnered with major Wall Street firms including Apollo Global, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR to raise $500 billion for AI infrastructure, covering chips, data centers, and power generation. The initiative, potentially announced as early as Monday, aims to provide financing for Nvidia’s customers and accelerate AI development. The deal highlights growing private capital involvement in AI and signals strong investor confidence, though Nvidia shares dipped amid concerns over investment returns.
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Nvidia partners with data center developer Cloverleaf
Nvidia announced a strategic partnership with Cloverleaf Infrastructure, a company that prepares sites for data centers by providing power sources and other infrastructure. While terms were not disclosed, reports indicate Nvidia's investment will be several hundred million dollars for a minority stake. Cloverleaf, founded in 2024 and having raised $300 million, acts as a middleman between utilities and data centers. This deal is part of Nvidia's broader strategy to use its profits to directly finance and develop AI data centers that purchase its systems. Earlier the same week, Nvidia also announced a $1.5 billion investment in SB Energy, an OpenAI-linked data center project in Ohio.
Nvidia's $105B Ohio Guarantee for OpenAI Data Center: Ecosystem Expansion or Circular Financing?
On August 17, 2026, Nvidia agreed to guarantee up to $105 billion to help OpenAI lease a massive data center in Pike County, Ohio, developed by SoftBank-owned SB Energy. The site could reach 8 gigawatts of capacity, with the first 800 megawatts online by 2028 under a 20-year lease. Nvidia will also invest $1.5 billion directly in SB Energy and serve as the facility's exclusive chip supplier. The deal follows Nvidia's formation of a $500 billion financing consortium with major financial institutions. Bullish analysts view this as ecosystem expansion locking in long-term chip demand, while bears highlight circularity risks where Nvidia funds customers to buy its own chips. The company's data center sales now comprise 92% of revenue. Hedge fund ownership rose to 275 funds, and short interest remains low at 1.26%, indicating institutional confidence despite the debate.
Nvidia's $105 Billion Ohio Data Center Guarantee for OpenAI: Ecosystem Expansion or Strategic Circularity?
On August 17, 2026, Nvidia agreed to guarantee up to $105 billion to help OpenAI lease a massive data center in Pike County, Ohio, developed by SoftBank-owned SB Energy. The site could reach 8 gigawatts of capacity, with the first 800 megawatts due online in 2028, and OpenAI has signed a 20-year lease. Nvidia will also invest $1.5 billion directly into SB Energy and be the facility's exclusive chip supplier. The article presents both bull and bear cases: the bull case argues Nvidia is locking in long-term infrastructure for its chips amid expected revenue growth of 97% this quarter and $1 trillion in combined revenue across 2026-2027. The bear case highlights circularity concerns, as Nvidia is effectively funding a customer's ability to buy its chips, with comparisons to pre-2008 mortgage pools. Nvidia's exposure covers a portion of lease and power payments, not the full $105 billion. Data center sales make up 92% of Nvidia's revenue, and the company holds significant stakes in SpaceX ($21 billion) and Intel ($30 billion). Hedge fund ownership rose to 275 funds, and short interest is low at 1.26%.
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OpenAI-Nvidia Data Center Deal Cut by $145 Billion, Raising Concerns Over Artificial Chip Demand
Nvidia has guaranteed up to $105 billion for OpenAI's planned data center campus in Pike County, Ohio, significantly lower than the roughly $250 billion guarantee previously reported. The deal, signed on August 17, 2026, was reduced through at least two checkpoints, with Nvidia disclosing the final 'aggregate payment obligation' in an SEC filing. The reduction highlights ongoing investor anxiety about circular financing in the AI ecosystem, where chip makers finance infrastructure that creates demand for their own products. Nvidia's funding will support SB Energy, the SoftBank-backed developer, by covering lease and power payments and guaranteeing infrastructure value if OpenAI defaults. The rollback follows a 4.5% intraday drop in Nvidia's shares in July when the larger figure was reported. Nvidia has also partnered with six major banks to launch compute-financing platforms targeting over $500 billion in third-party AI infrastructure funding, recently aided by SEC guidance easing securitization rules. CEO Jensen Huang defended the model as securing long-lived infrastructure for AI factories.
Read sourceNvidia-OpenAI Data Center Deal Cut to $105 Billion, Raising Circular Financing Concerns
Nvidia has finalized a guarantee of up to $105 billion for OpenAI's planned data center campus in Pike County, Ohio, significantly lower than the $250 billion initially reported. The deal, disclosed in an SEC filing, involves Nvidia supporting lease and power payments for SB Energy, the SoftBank-backed developer, and guaranteeing infrastructure value if OpenAI defaults. The reduction highlights growing investor anxiety over circular financing in the AI industry, where chipmakers like Nvidia help finance the infrastructure that creates demand for their own chips. Nvidia's shares fell 4.5% in July when the larger figure was rumored. The campus, expected to reach 8 gigawatts of capacity, will use Nvidia GPUs exclusively in its initial phase, with first 800 megawatts available by 2028. Nvidia also invested $1.5 billion in SB Energy and launched compute-financing platforms with six major banks targeting over $500 billion in third-party AI infrastructure funding.
Read sourceOpenAI to lease massive new AI data centre in U.S., backed by Nvidia
OpenAI announced it will lease a massive new AI data centre in Ohio, U.S., for 20 years, backed by a $105 billion financing commitment from Nvidia. The facility, built on a former Cold War-era uranium enrichment plant site, could eventually have 8 gigawatts of capacity, making it the largest single AI data centre. It will run exclusively on Nvidia chips. SoftBank and SB Energy will invest over $4 billion in local energy infrastructure and build at least 10 GW of new energy generation. Nvidia will invest $1.5 billion into SB Energy. OpenAI will commit $40 million to support local priorities. The project is expected to create 35,000 temporary construction jobs over six years and 2,500 long-term operating jobs. The announcement comes amid growing hostility toward data centres due to high energy and water consumption, and rising electricity bills. The deal is part of a broader $500 billion Stargate project involving OpenAI, Nvidia, SoftBank, and Oracle.
Read sourceNvidia Backs 8-GW Ohio AI Campus for OpenAI With $1.5 Billion Investment
Nvidia has announced a $1.5 billion investment in SB Energy to support the development of a massive AI data center campus in Pike County, Ohio, with OpenAI as the anchor tenant under a 20-year lease. The PORTS-Pike Technology Campus, built on the site of a former Cold War-era uranium enrichment plant, is designed to provide up to 8 gigawatts of AI computing capacity in phases starting in 2028. SB Energy, backed by SoftBank and OpenAI, will build and operate the infrastructure, while Nvidia will exclusively supply AI computing systems. The project requires at least 10 GW of new electricity generation and $4.2 billion in grid upgrades through a partnership with AEP Ohio. A $80 million community benefits fund has been established for local programs. The development highlights the growing intersection of AI infrastructure and U.S. energy demand.
Read sourceNvidia Teams With OpenAI on Massive Ohio Data Center to Scale AI Infrastructure
Nvidia announced a $1.5 billion equity investment in SB Energy, deepening its role in physical AI infrastructure alongside SoftBank and OpenAI. The investment supports the PORTS-Pike Technology Campus in Pike County, Ohio, one of the largest AI data center projects ever conceived, with initial capacity of 4.25 gigawatts expandable to 8 gigawatts. Nvidia is also providing up to $105 billion in lease and power payment guarantees, structured as a residual-value backstop. CEO Jensen Huang stated the move secures long-lived infrastructure for Nvidia compute, enabling OpenAI to deploy AI factories upgradeable with each new generation. Each hardware refresh cycle is estimated to involve 1.5 million Nvidia GPUs, generating $150-200 billion in revenue. Over a 20-year lease with multiple upgrade cycles, the total opportunity could reach approximately $600 billion. The deal follows Nvidia's partnership with BlackRock, Apollo, and others to create financing platforms targeting over $500 billion for AI infrastructure.
Read sourceJensen Huang Promises AI-Infrastructure Deal Is Not Circular Financing
Nvidia CEO Jensen Huang announced a $500 billion AI infrastructure deal with SB Energy (SoftBank) and OpenAI, introducing the acronym 'LPS' (Land, power, and shell) for a 10GW data center development. The project, supported by federal government plans from March, involves building 9.2 GW of natural gas generation and a phased timeline from 2028 to 2032. Huang defended the deal against accusations of circular financing, stating OpenAI is paying the lease and that capacity can be resold to other tenants if needed. Wall Street reacted tepidly, with NVDA stock rising 1% then falling. The article also notes OpenAI's $40 billion annual revenue but high cash burn, and Nvidia's history of stock splits making shares accessible.
Nvidia to back OpenAI data center with upwards of $105 billion
Nvidia, OpenAI, and SB Energy are partnering to build a massive 8-gigawatt data center facility in Ohio, known as the PORTS-Pike Technology Campus. Nvidia will provide over $105 billion in financing to secure land, power, and a shell for the site. Initial plans call for 4.25 gigawatts of computing capacity, expandable to 8 gigawatts. SB Energy will build and own the site, which OpenAI will lease for 20 years. Nvidia is also making a $1.5 billion investment in SB Energy. The complex will exclusively use Nvidia GPUs, potentially amounting to 1.5 million chips, representing $150 billion to $200 billion in potential revenue per generation through 2030. Combined with prior agreements, the total could reach $600 billion for Nvidia. Nvidia CEO Jensen Huang stated the deal is not circular investing but rather securing critical inputs based on customer demand visibility.
Read sourceNvidia-OpenAI Deal Isn't 'Circular Financing,' Says Jensen Huang, Sees $600B Compute Opportunity
Nvidia CEO Jensen Huang refuted claims that Nvidia's support for OpenAI's Ohio data center project constitutes 'circular financing,' stating that OpenAI will pay its lease. Nvidia is investing $1.5 billion in SB Energy, the SoftBank-backed developer building the campus at PORTS-Pike. OpenAI has agreed to secure about 8 GW of compute capacity, with Nvidia's credit support covering the initial 4.25 GW. Huang framed the support as securing scarce infrastructure, not financing demand, and noted that frontier AI labs are growing faster than their balance sheets can support. He estimated that OpenAI's existing and planned Nvidia deployments could represent roughly $600 billion in Nvidia compute through 2030, with each hardware generation at the Ohio site potentially generating $150-200 billion in revenue. The Wall Street Journal reported that Nvidia initially considered guaranteeing up to $250 billion in commitments before scaling back amid investor concerns.
Read sourceNvidia to invest US$1.5 billion in SB Energy under OpenAI data centre deal
Nvidia will invest US$1.5 billion in SB Energy as part of a deal related to OpenAI's data centre infrastructure. The investment will also secure up to 8 gigawatts of AI computing capacity for Nvidia. This move is part of Nvidia's broader strategy of financing the ecosystem that consumes its chips, helping to fuel demand for its products. The deal was reported by The Business Times on August 17, 2026.
Read sourceNvidia to invest US$1.5 billion in SB Energy under OpenAI data centre deal
Nvidia will invest US$1.5 billion in SB Energy as part of a deal related to OpenAI's data centre infrastructure. The investment will also secure up to 8 gigawatts of AI computing capacity for Nvidia. This move is part of Nvidia's broader strategy to finance the ecosystem that consumes its chips, thereby fueling demand for its products. The deal highlights the deepening ties between major AI players and energy infrastructure companies to support the massive computing needs of advanced AI models.
Read sourceNvidia to invest $1.5 billion in SB Energy for Ohio AI campus serving OpenAI
Nvidia has agreed to invest $1.5 billion in SB Energy as part of a major artificial intelligence infrastructure project in Ohio that will provide computing capacity for OpenAI. Under the partnership, Nvidia will become the exclusive provider of AI compute infrastructure at the PORTS-Pike Technology Campus in Pike County. SB Energy will develop, own and operate the facility, while OpenAI will use the campus under a 20-year lease. The initial phase is designed to provide 4.25 IT-GW of AI factory capacity, with an option for an additional 3.75 IT-GW, potentially reaching 8 IT-GW total. The facility will be based on Nvidia's DSX AI factory platform. Capacity is expected to become operational progressively from 2028. Nvidia's investment makes it an investor in SB Energy alongside SoftBank Group and OpenAI. SB Energy and SoftBank plan to develop at least 10 GW of new energy generation capacity and invest at least $4.2 billion in new regional grid infrastructure through a partnership with AEP Ohio. The development includes an $80 million community benefits fund. The campus is being developed on the site of the decommissioned Portsmouth Gaseous Diffusion Plant in Appalachian Ohio.
Read sourceNvidia backs financing for OpenAI data center in Ohio
Nvidia announced it will provide credit and compute for a new OpenAI data center in Pike City, Ohio, to be built and managed by SB Energy through a 20-year lease. The initial phase will support 4.25 gigawatts of computing capacity, with an option for an additional 3.75 gigawatts, expected to come online in phases starting in 2028. Nvidia will invest $1.5 billion in SB Energy, while SB Energy and SoftBank will build power sources supporting 10 gigawatts and invest at least $4.2 billion in grid infrastructure. The deal is part of a broader trend of Nvidia financing AI data center buildouts, following reports of a potential $250 billion backstop that was later reduced to under $120 billion. OpenAI said the project will create 35,000 construction jobs through 2032 and 2,500 long-term positions.
Read sourceOpenAI Secures 10-Gigawatt Ohio Data Center Lease with Nvidia and SoftBank Backing
OpenAI has finalized a lease for a massive 10-gigawatt data center in southern Ohio, partnering with SoftBank's SB Energy and receiving financial backing from Nvidia. The project, expected to become one of the largest AI hubs globally, involves a commitment from Nvidia to help OpenAI secure debt financing without exposing the chip maker to substantial risk. The groundbreaking for the complex occurred in March, signaling a major expansion of AI infrastructure in the United States.
Read sourceNvidia to provide up to $105 billion guarantee for OpenAI's Ohio data center
Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a massive data center in Ohio being developed by SoftBank-owned SB Energy. The chipmaker will also invest $1.5 billion in SB Energy. The facility in Pike County will have a total capacity of up to 8 gigawatts, with the first 800 megawatts expected online in 2028. OpenAI is leasing the site for 20 years, and Nvidia will be the exclusive chip provider. The financing structure includes equity and debt, with potential contributions from an SB Energy IPO. Nvidia CEO Jensen Huang defended the deal against circular financing concerns, stating the company is securing long-lived infrastructure for its compute. The project is expected to create 35,000 construction jobs and 2,500 long-term operating jobs, with $80 million in community funding from OpenAI and SoftBank.
Read sourceNvidia Cuts OpenAI Ohio Data Center Guarantee to $120 Billion
Nvidia has reduced its financial guarantee for a planned OpenAI data center campus in Ohio from $250 billion to under $120 billion, following investor concerns about the scale of its balance sheet commitment. The restructured deal covers only the initial 5-gigawatt phase, with future funding decisions deferred. The campus, developed by SoftBank's SB Energy, would be the largest data center project announced if completed. Nvidia is also exploring a $3 billion investment in SB Energy, half tied to the Ohio deal and half to SB Energy's planned IPO. OpenAI is pursuing direct ownership of AI infrastructure, with projected spending of $750 billion through 2030. The project's power supply is under U.S. government control per a recent trade deal with Japan.
Read sourceNvidia Cuts OpenAI Ohio Data Center Guarantee to $120 Billion
Nvidia has reduced its financial guarantee for a planned OpenAI data center campus in Ohio from $250 billion to under $120 billion, following investor concerns about the scale of its commitment. The restructured deal covers only the initial 5-gigawatt phase, with future funding decisions deferred. The campus, developed by SoftBank's SB Energy, would be the largest data center announced if fully built out at 10 gigawatts. Nvidia is also considering a $3 billion investment in SB Energy, half tied to the Ohio deal and half to SB Energy's upcoming IPO. OpenAI is pursuing direct ownership of AI infrastructure, with projected computing spending of $750 billion through 2030. The project's power supply is under U.S. government control per a recent trade deal, with Japan providing separate funding.
Read sourceNvidia in talks to invest US$3 billion in SoftBank subsidiary for OpenAI data centre project
According to a report by The Business Times Singapore, Nvidia is in discussions to invest approximately US$3 billion in SB Energy, a SoftBank subsidiary that develops large-scale power and data centre infrastructure projects. SB Energy is also backed by OpenAI. The proposed investment is part of broader talks between Nvidia, OpenAI, and SB Energy regarding the provision of infrastructure for an OpenAI data centre project. The report was published on August 16, 2026, and highlights the deepening ties between major AI and technology companies in building out massive computing infrastructure to support advanced AI models.