Nvidia is working with several firms on a $500 billion artificial intelligence financing deal, according to a market update cited by BlockBeats on Aug. 11. The companies named in the report include Apollo, Blackstone and BlackRock.
BlockBeats also referred to an earlier report from July 28 saying Nvidia and OpenAI were in talks over a super-sized AI data center project valued at about $500 billion in southern Ohio in the United States. The project is expected to reach a maximum power capacity of 10GW, which would make it one of the largest data center builds in the world if completed.
The earlier report said Nvidia could provide roughly $250 billion to OpenAI for leasing a data center campus developed by SB Energy, an energy subsidiary under SoftBank. Total project costs are expected to exceed $500 billion, including as much as $350 billion in AI chip purchases. Phase one is expected to be completed in 2028 with an initial power capacity of about 800MW.
Nvidia is working with several companies on a $500 billion AI financing agreement, according to a market update cited by BlockBeats on Aug. 11. The firms named in the report include Apollo, Blackstone and BlackRock.
BlockBeats had previously reported on July 28 that Nvidia and OpenAI were in talks over a super AI data center project valued at about $500 billion. The site is located in southern Ohio in the United States, and its maximum projected power capacity is 10GW. The report said it could become the world’s largest data center project.
According to that report, Nvidia may provide about $250 billion to OpenAI to lease a data center campus developed by SB Energy, an energy subsidiary of SoftBank. Total project costs are expected to top $500 billion, including up to $350 billion in AI chip purchases.
The first phase of the data center is expected to be completed in 2028, with initial power capacity of about 800MW. If fully built out, the 10GW scale would exceed that of most large AI infrastructure projects now in operation and would be equal to the electricity demand of about 8.4 million U.S. households.
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