OpenAI Signs 20-Year Lease for Ohio Data Center Backed by Nvidia's $105B Guarantee

OpenAI has signed a 20-year lease for a data center in Ohio, which will have a capacity of 8 gigawatts. Nvidia is backing this lease with a guarantee of up to $105 billion, positioning itself as the exclusive chip supplier for the facility. This move is part of a broader trend, as approximately nine tech companies have committed around $3 trillion to AI initiatives that remain off their balance sheets, according to the Wall Street Journal. This follows OpenAI’s recent developments in enhancing their AI capabilities, including the introduction of new features for ChatGPT and Codex. The substantial backing from Nvidia may influence the availability and performance of AI infrastructure for developers and researchers in the coming years. For more details, see The Decoder.