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OpenAI Close to Landing $500 Billion Data Center With Backing From Nvidia
The New York Times • • business
Key Points:
- OpenAI is nearing a deal to lease a $500 billion data center in southern Ohio, potentially making it one of the largest facilities supporting the AI boom.
- The company is in separate negotiations with Nvidia for a $250 billion financial backing to support the project.
- The U.S. government is involved in providing electrical power for the center and is still considering other tenants, with final approval pending from Commerce Secretary Howard Lutnick.
- SoftBank, an OpenAI investor leading the data center development, along with government officials, favors OpenAI as the primary tenant due to Nvidia's financial support.
- Other tech giants like Microsoft and Google have also submitted bids to use the data center, which will be powered by 10 gigawatts of electricity, enough for millions of homes.
