Nvidia in Talks for $3B SB Energy Deal
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- Nvidia is in talks to invest up to $3 billion in SB Energy, a SoftBank-backed data center developer.
- SB Energy aims to IPO soon and is behind a major OpenAI campus in Ohio, according to sources.
Why it matters: The deal ties Nvidia's interests directly to the physical infrastructure housing AI workloads, not just the chips inside them. With SB Energy already developing OpenAI's Ohio campus and heading toward an IPO, Nvidia gains both a stake in AI buildout and a foothold in a future public listing.
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