Nvidia Talks $3B Equity in SB Energy — Capitalizing the Utility That Powers OpenAI
Reuters, citing The Information, reported Nvidia talks to invest up to $3B in SB Energy alongside discussions over about $100B in credit support for an Ohio OpenAI campus. Reuters could not immediately verify the report.
Correction / update, October 14, 2026: Removed unverified capacity, payment-split and later-close claims; corrected the credit-support scale and restored Reuters’ verification caveat.
Nvidia was discussing an investment of up to $3 billion in SB Energy, SoftBank Group’s subsidiary and the developer of a planned Ohio data-center project for OpenAI, according to an August 15 Reuters report citing The Information.
Reuters said those discussions were part of negotiations over approximately $100 billion in credit support for the campus. Equity in the developer and credit support are different proposed financing commitments; neither is established here as a completed transaction.
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Reuters said it could not immediately verify The Information’s report. The available wire does not establish the proposed payment split, the campus capacity, or any later closing amount.