Sources indicate that Nvidia is currently engaged in talks with both OpenAI and SB Energy, with the aim of injecting up to $3 billion to facilitate OpenAI's ambitious data center initiative in Ohio. Specifically, Nvidia plans to commit an initial $1.5 billion upon the formalization of the project agreement, with an additional $1.5 billion earmarked for investment during SB Energy's anticipated initial public offering (IPO). Concurrently, Nvidia has scaled back the financial assurances for the project, lowering them from the initial projection of $250 billion to under $120 billion.
