NVIDIA invests $1.5 billion in SoftBank to support multiple projects
2026-08-17 20:40:20
According to CoinMeta, NVIDIA (NVDA.O) has recently made several announcements, including investing $1.5 billion in SoftBank's (SB Energy), providing credit support for the first 4.25 gigawatt project (IT), and having the option to add an additional 3.75 gigawatts of capacity. Furthermore, (OpenAI) will become a customer for the (Ports-Pike) project with an 8 gigawatt capacity. This project is expected to create tens of thousands of jobs and establish a community fund of $80 million. (OpenAI) will also contribute an additional $40 million to the community welfare fund. (SB Energy) will operate this data center under a 20-year lease agreement signed with (OpenAI).
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Source:Jin10 Data
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