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OpenAI signs 10-gigawatt data center lease in Ohio with SoftBank backing
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OpenAI signs 10-gigawatt data center lease in Ohio with SoftBank backing

Aug 17, 2026

OpenAI has secured a 10-gigawatt data-center lease in southern Ohio with SoftBank's SB Energy, a project slated to become one of the largest AI hubs to date. Groundbreaking for the complex occurred in March 2026. The deal is supported by a risk-mitigated financial commitment from Nvidia, which is designed to help SB Energy secure debt financing without exposing Nvidia to significant financial risk.

OpenAI Ohio data center lease

  • ▪The Ohio data-center project leased by OpenAI is expected to become one of the largest artificial-intelligence hubs to date.
  • ▪Groundbreaking for the southern Ohio data-center complex leased by OpenAI occurred in March 2026.
  • ▪OpenAI signed a 10-gigawatt data-center lease in Ohio with SoftBank's SB Energy, as reported on August 17, 2026.

Nvidia financing commitment

  • ▪SoftBank's SB Energy is the developer of the southern Ohio data-center complex leased by OpenAI.
  • ▪Nvidia's financial commitment to the OpenAI Ohio data-center project is structured to avoid exposing the chip maker to a substantial amount of risk.
  • ▪Nvidia provided a backing commitment for the OpenAI Ohio data-center deal to help developer SB Energy raise debt financing.

3 sources

The Decoder
OpenAI signs record Ohio data center lease with Nvidia backing up to $105 billion
View source article
The Wall Street Journal
OpenAI Locks In Lease for Huge Data Center in Ohio With Backing From Nvidia
View source article
CNBC
Nvidia backing $105 billion in financing for OpenAI data center in Ohio
View source article

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