Nvidia Backs OpenAI's 10GW Ohio Data Center Project via SB Energy

Key Facts

In a move reflecting the accelerating race for AI infrastructure, OpenAI is partnering with Nvidia to develop a massive 10-gigawatt data center facility in Ohio. According to reports, Nvidia is supporting SB Energy to facilitate a 4.25GW power supply for OpenAI's ambitious infrastructure projects. This collaboration highlights OpenAI's strategy to build its own compute capacity to remain a frontrunner in the AI sector.

This strategic shift aims to reduce OpenAI's reliance on third-party cloud providers such as Microsoft and Oracle. Per market data, NVDA closed at $226.975, while MSFT stood at $491.31 and ORCL at $147.55 (close of August 17, 2026). These emerging alliances underscore the industry's drive to secure end-to-end control over hardware, data centers, and the energy required to power them.

Investors are closely monitoring how these capital-intensive energy projects will impact long-term margins for the tech giants. At close on August 17, 2026, NVDA was priced at $226.975. Market participants are also looking ahead to broader economic catalysts, such as upcoming US inflation data and housing market reports, which may influence sector-wide sentiment.