Nvidia Reportedly in Talks to Back OpenAI's $250B Ohio Data Center

The Wall Street Journal reports that Nvidia is in talks to provide around $250 billion in financing guarantees for OpenAI's massive data center project in Ohio. The move highlights the deepening alignment between top GPU suppliers and AI infrastructure expansion. If finalized, it would rank among the largest computing power-related investments in recent years.

Confirmed

Multiple sources indicate the Ohio data center campus is planned to scale up to 10 gigawatts, with total costs potentially exceeding $500 billion. The first phase is expected to be operational by 2028. The project is part of a hyperscale data center plan driven by OpenAI and SoftBank, with its power supply managed by the US government.

Unconfirmed

Nvidia's $250 billion financial backing remains in the negotiation phase, and it is currently uncertain whether the deal will be finalized.

Why it matters

This development reflects the formation of tighter capital alliances across the upstream and downstream of the AI supply chain. Furthermore, regarding skepticism over the $500 billion total cost, @firstadopter argues that given OpenAI's current Annual Recurring Revenue (ARR) could already be in the tens of billions and is projected to reach hundreds of billions in the coming years, this massive infrastructure investment scale might not be an exaggeration.

2026-07-27 ~ 2026-07-27 · 8 related posts

Primary sources

5 near-duplicate retellings: inductionheads · Miles_Brundage · firstadopter · Polymarket · GregCook2011