OpenAI Signs Record Ohio Data Center Lease with Nvidia Backing Up to $105 Billion
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AI for Software Engineering (Copilots, SDLC, Testing)
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In short
- OpenAI has signed a 20-year lease for an 8-gigawatt data center in Ohio.
- Nvidia is guaranteeing up to $105 billion for the residual value of the facilities and becomes the exclusive chip supplier.
- According to the Wall Street Journal, nine tech companies now hold around $3 trillion in AI commitments that do not appear on any balance sheet.
OpenAI has signed a 20-year lease for an 8-gigawatt data center in Ohio. Nvidia is guaranteeing up to $105 billion for the residual value of the facilities and becomes the exclusive chip supplier. According to the Wall Street Journal, nine tech companies now hold around $3 trillion in AI commitments that do not appear on any balance sheet. This development is noteworthy but should be assessed in the context of previous market dynamics. The decisive factors will be how regulation evolves and how the market responds to these substantial investments.
Source:
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OpenAI signs record Ohio data center lease with Nvidia backing up to $105 billion — The Decoder (EN-US)