Nvidia, OpenAI announce massive U.S. data‑center push
Nvidia said it will invest up to $100 billion in OpenAI in stages to support OpenAI’s plan to build and deploy at least 10 gigawatts of AI data centers, while OpenAI disclosed additional Stargate commitments with Oracle and SoftBank to build five new U.S. data centers — part of roughly $400 billion in commitments toward a stated $500 billion goal. The deals, announced this week, mark a major corporate financing and infrastructure drive with broad implications for U.S. markets, energy demand and data‑center supply chains.
📊 Analysis & Commentary (2)
"An optimistic take arguing that massive AI and data‑center investments like the Nvidia/OpenAI push can help solve many social and economic problems if policymakers remove friction and pair private capital with sensible public infrastructure and governance."
"A pro‑market WSJ commentary argues that surging AI data‑center demand is straining power grids and praises New Hampshire’s HB 672 as a low‑bureaucracy, competitive solution to speed new (including off‑grid) electricity supply rather than restricting data centers or socializing grid investments."
📰 Sources (1)
- Nvidia announced an investment of up to $100 billion in OpenAI, to be made in stages.
- OpenAI says it will use funds to 'build and deploy at least 10 gigawatts of AI data centers with Nvidia systems.'
- OpenAI reported roughly $400 billion of commitments toward a $500 billion data‑center buildout goal and announced Stargate alliance commitments with Oracle and SoftBank to build five U.S. data centers.