Locator: 51420NVIDIA.
Tag: Piketon Pike County Ohio
Piketon is a village in Pike County in the U.S. state of Ohio, along the Scioto River. The population was 2,111 at the 2020 U.S. census.
LCD Map:
- Data Center Map, link here.
- LDC sites by state here, updated numbers maintained here.
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Today's Story
One gets the feeling Nvidia is doing this only to a) appease shareholders; and, b) protect share price which has come under short-term pressure.
See also this update on the massive buildout of AI in Ohio. Link here.
Nvidia is cutting back its financial backing for the massive OpenAI 10-gigawatt AI data center campus in Pike County, Ohio, which is being developed by SoftBank's SB Energy.
Link here. Is it more efficient to direct a headline to ChatGPT / Gemini to get the full story?
Aug 14 (Reuters) - Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday.
The Journal said Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for the first phase of the project.
A deal could be signed as early as this weekend, according to the report.
The change was made after investors raised concerns about Nvidia's risk exposure tied to large financing commitments.
This came after Nvidia on Monday partnered with six major financial institutions to launch compute financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure.
OpenAI is still discussing a binding lease for the full 10-gigawatt project in Ohio. The site is being developed by SB Energy, a subsidiary of SoftBank and would be the largest data center project announced to date if completed.
