NVIDIA backs $105B OpenAI project

Reports indicate that NVIDIA will allocate up to $105 billion to develop a large data center complex in Ohio, USA, aimed at supporting OpenAI's artificial intelligence applications. The project involves building a dedicated data center for running AI applications, with the first 800 gigawatts of computing power expected to be operational by 2028, requiring enough electricity to power 750,000 homes simultaneously. This move is part of a strategic partnership between the two companies to enhance their capabilities in artificial intelligence, with NVIDIA anticipating cumulative revenues from the OpenAI project reaching approximately $600 billion by 2030, with support for the project extending until 2048. Additionally, NVIDIA is investing $1.5 billion in S.P. Energy, which will contribute to constructing and operating the complex, reflecting the global increasing demand for advanced computing capabilities to support AI technologies.

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