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# Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 1 upvotes · 0 comments

## Summary

Nvidia is investing $1.5 billion in SB Energy, the SoftBank-linked data center developer building OpenAI's Ports-Pike facility near Cincinnati, Ohio. The deal secures Nvidia as the sole compute infrastructure supplier for the site and includes up to $105 billion in credit to help finance construction, which could scale from 4.25 to 8 gigawatts. SB Energy will also build a $33 billion, 9.2 gigawatt natural gas power plant on the site, a former uranium enrichment facility owned by the Department of Energy. Natural gas power plant costs have risen 66% in two years, and rising demand from data centers could triple gas prices in some regions.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/08/17/nvidia-investing-1-5b-in-softbank-data-center-developer-behind-openai-project>

## Questions this post answers

### How much is Nvidia investing in SB Energy and what does it get in return?

Nvidia is investing $1.5 billion in SB Energy, the SoftBank-linked data center developer building OpenAI's Ports-Pike facility near Cincinnati, Ohio. In exchange, Nvidia becomes the sole supplier of compute infrastructure at the site and will also extend up to $105 billion in credit to help fund construction of the facility, which could scale from 4.25 to 8 gigawatts.

_daily.dev surfaces funding and infrastructure deals like this for engineers tracking AI compute capacity._

### Why are natural gas power plant costs rising for data centers?

Natural gas power plant construction costs have risen 66% over two years, according to BloombergNEF, driven by surging data center demand for power. SB Energy's planned 9.2 gigawatt gas plant for the Ports-Pike site is expected to cost $33 billion, and rising demand could eventually triple natural gas prices in some regions as plants compete with export markets.

_Engineers weighing data center or cloud capacity plans follow energy cost trends like this on daily.dev._

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---

Tags: [#openai](https://daily.dev/tags/openai), [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure), [#softbank](https://daily.dev/tags/softbank)

[View this post on daily.dev](https://daily.dev/posts/nvidia-investing-1-5b-in-softbank-data-center-developer-behind-openai-project-mrlnnokea)

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