Massive OpenAI $250B Nvidia AI Data Centre Deal
News Clip1:02Wallet & Wire·OH·7/27/2026
OpenAI is reportedly in talks with Nvidia to secure approximately $250 billion in financing for a vast AI data center project planned for southern Ohio. This ambitious development could ultimately exceed $500 billion and require 10 gigawatts of power, making it one of the largest AI infrastructure investments proposed to date. The first phase aims to deliver 800 megawatts by 2028, highlighting the intense competition among tech giants for computing power.
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OpenAI is reportedly in talks with Nvidia over financing guarantees worth roughly $250 billion to support a massive AI data center project in southern Ohio. According to the Wall Street Journal, the full development could exceed $500 billion, making it one of the largest AI infrastructure investments ever proposed. The first phase is expected to deliver 800 megawatts of power by 2028, with the facility ultimately reaching 10 gigawatts. The project highlights the growing race among technology giants to secure computing power as global AI infrastructure spending is projected to surpass $700 billion this year.
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