OpenAI Data Center Partnership Deepens

Nvidia nearing agreement with OpenAI for Ohio data center financing, signaling direct commitment and deepening the synthetic hyperscaler thesis. OpenAI Ohio data center scaled down to ~5GW. Nvidia weighing $3B investment in SB Energy for Ohio data center power. SB Energy stake details: IPO timing, credit support, scaled-back guarantee ($120B from $250B). Nvidia trimming OpenAI stake due to investor pressure, while Anthropic grows. Recent news: NVDA dropped 5% on Ohio data center rework with OpenAI, despite positive deal framing, indicating market sensitivity to any hiccup in massive AI demand expectations.