Nvidia to invest $1.5 billion in SB Energy, supporting data center construction

M&A · PartnershipProduct / Tech Impact 4
โดย Jiji Press·US·Read original
Summary · why it matters

US semiconductor giant Nvidia announced on the 17th that it will invest $1.5 billion, or about 240 billion yen, in SB Energy, a subsidiary of SoftBank Group. In connection with the massive data center project SB Energy is planning in Ohio in the US Midwest, Nvidia will also guarantee rent of up to $105 billion, or about 17 trillion yen. The data center will be used by OpenAI, the US company behind the conversational AI ChatGPT, and OpenAI announced the same day that it has signed a 20-year lease agreement with SB Energy. By guaranteeing the enormous rent, Nvidia aims to reduce the risk of non-payment and support financing for the data center project.

Impact on stocks 2

Artificial Intelligence▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveCapitalrelevance

Nvidia invests $1.5B and guarantees rent up to $105B in SB Energy's data center project, supporting its AI infrastructure strategy.

Financials▲ · 1 stocks
SoftBank Group Corp.
9984
▲ PositiveCapitalrelevance

SB Energy, a SoftBank subsidiary, receives Nvidia's investment and rent guarantee, boosting its data center project.

Theme Impact 5

Off-coverage companies 2

SB EnergyPrivate▲ Positive
Capitalrelevance

SB Energy secures $1.5B investment and rent guarantee from Nvidia for its Ohio data center project.

OpenAIPrivate▲ Positive
Demandrelevance

OpenAI signs a 20-year lease for the data center, securing long-term capacity for its AI operations.

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