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Nvidia to invest $1.5 billion in SB Energy for OpenAI data center deal

Published

17 August 2026

Topic

technology

Sectors

AI Infrastructure

Geography

United States

Source

Read at detroitnews.com

Verified

Fusion42 · 21 August 2026 · Fusion42 review

Nvidia is investing $1.5 billion in SB Energy, backed by SoftBank and OpenAI, to secure up to 8 gigawatts of AI computing capacity at a new Ohio data center campus. SB Energy plans to build at least 10 GW of new power generation and invest $4.2 billion in Ohio grid infrastructure to support these AI data centers.

This Wire brief sits within Fusion42's coverage of AI Infrastructure, and 12 sources have reported it between 17 Aug 2026 and 19 Aug 2026.

◆ The Wire takeaway

You now face a surge in power and data centre capacity tied directly to Nvidia-backed AI workloads in Ohio. Lock in partnerships with infrastructure or compute providers before capacity tightens and costs rise.

Coverage

12 sources · first reported 17 Aug 2026 · latest 19 Aug 2026

Topics

AI Infrastructurenvidiaopenaidata-centersai-computingenergy-infrastructure