OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports (June 9)

June 9, 2026 10:18 PM EDT

FILE PHOTO: OpenAI logo, a keyboard, and a robotic hand in this illustration taken June 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

June 9 (Reuters) - OpenAI is ‌in talks ​to ​lease a proposed 10-gigawatt data center campus on federal and private land in Ohio, in a ‌deal that could include financial backing from Nvidia, ⁠The Information reported on Tuesday, citing two people with direct knowledge ‌of the discussions.

Here are some ‌details:

• The campus could cost at least $500 billion to build, based on current prices for chips, labour, power ​and other inputs, the report said.

• OpenAI would control the equipment at the facility under a 20-year lease, ⁠with payments starting once operations begin; the first phase is expected in 2028, ​the report added.

• The facility, among the largest of its kind, would be developed by SB ​Energy, a unit of SoftBank, on ‌Department of Energy land in southern Ohio. Some of the campus will also be built ⁠on private land, the report said.

• Nvidia is expected to supply hardware in the facility and provide a financial guarantee for ⁠OpenAI's lease, according to the report.

• Reuters could not immediately verify ​the report. OpenAI and Nvidia did not immediately respond to Reuters' requests for comment outside regular business hours.

• Earlier this year, the ‌ChatGPT maker paused its proposed 'Stargate' data centre project in the UK, citing regulatory hurdles and ‌high energy costs.

• Separately, Apollo and Blackstone are financing a $35 ⁠billion AI capacity expansion ‌for Anthropic using Broadcom ​chips, Reuters reported this week.

(Reporting by Bipasha Dey in Bengaluru; Editing by Sherry Jacob-Phillips and Eileen ‌Soreng)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters