Nvidia Invests $1.5 Billion in SB Energy to Expand AI Computing Capacity

Nvidia plans to invest approximately $1.5 billion in SB Energy, backed by SoftBank, to secure up to 8 gigawatts of AI computing capacity in Ohio. This deal is the latest in Nvidia's series of funding efforts aimed at its ecosystem, reflecting the rising demand for AI technologies. Leading tech companies are increasingly linking chips, energy, and data center development to secure the infrastructure needed for AI models. Nvidia has acquired land and a power source in the Ports-Bike complex to establish an AI data center with an initial capacity of 4.25 gigawatts.