Nvidia in talks to invest US$3 billion in SoftBank's SB Energy for OpenAI data centre project: report

Published Aug 16, 01:50 AM UTC

According to a report by The Business Times, 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. SB Energy is also backed by OpenAI. The proposed investment is part of broader negotiations between Nvidia, OpenAI, and SB Energy regarding the provision of infrastructure for an OpenAI data centre project. The report highlights the deepening ties between major AI players in building out massive computing infrastructure to support advanced AI models.