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Nvidia enters agreements for 4.25-GW Ohio AI campus

Nvidia entered residual-value-guarantee agreements with SB Energy for leases covering about 4.25 gigawatts of IT load at the PORTS Technology Campus in Pike County, Ohio, according to its SEC filing. OpenAI will be the tenant and is expected to deploy Nvidia's DSX AI factory platform at the site. Nvidia's cumulative payment obligation for its initial commitment is capped at $105 billion. Nvidia can also provide credit support for roughly 3.8 additional gigawatts at its discretion. The obligations depend on lease and ready-for-service conditions expected to begin in 2028.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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