U.S. MarketsAugust 17 at 08:35 AM

Nvidia (NVDA) is to invest USD 1.50bln in SB Energy to host Nvidia compute; SB Energy will build and operate the data centre under a 20-year lease to OpenAI

StockNow breaking-news AI analysis

Nvidia will invest $1.5bn in SB Energy for a data center leased to OpenAI, while reducing total financial guarantees to $120bn to manage risk exposure for the 5GW project.

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