Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project
Nvidia’s investment in SoftBank’s data center developer will guarantee its chips power an OpenAI data center.
Nvidia’s investment in SoftBank’s data center developer will guarantee its chips power an OpenAI data center.
Not everyone is buying Elon Musk’s vision for orbital data centers.
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
Arm is producing its own CPU for the first time. It developed the CPU with Meta, which is also the chip’s first customer.
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
If completed, the project would be among the largest and most expensive natural gas power plants.