Nvidia Backstops Up to $105 Billion of OpenAI's Ohio Data Center Rent Without Funding Construction
A securities filing disclosed on August 17 that Nvidia agreed to conditionally guarantee up to $105 billion of OpenAI's lease and power payments at the PORTS-Pike campus in Ohio, covering an initial 4.25GW of compute with an option for another 3.75GW. SoftBank-backed SB Energy will build and own the campus and lease it to OpenAI for 20 years, with roughly the first 800MW targeted for 2028. Nvidia is also investing $1.5 billion in SB Energy and stresses that "OpenAI will pay the lease."











