Nvidia agreed to guarantee up to $105 billion in conditional lease obligations for a new OpenAI data center campus in Pike County, Ohio, according to a securities filing. The guarantee covers an initial 4.25 information technology gigawatts of compute capacity, with an option on a further 3.75 gigawatts. SB Energy will build, own, and operate the PORTS-Pike Technology Campus under a 20-year lease to OpenAI. Nvidia becomes the exclusive compute provider at the site and is separately investing $1.5 billion in SB Energy. Capacity is expected to come online in phases beginning in 2028.
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