NVIDIA increases its equity investment commitment in SB Energy to $3 billion ahead of SB Energy’s US IPO
According to 36Kr, NVIDIA announced via an SEC filing that it will add $1.5 billion to its equity investment in SB Energy, bringing the total commitment to $3 billion ahead of SB Energy’s U.S. IPO. SB Energy, a data center developer backed by SoftBank, is advancing data center and power infrastructure, including a large Ohio data center project that will serve OpenAI.
Key facts
- 01NVIDIA added $1.5 billion to its equity investment in SB Energy.
- 02Total equity investment in SB Energy now $3 billion.
- 03SB Energy is backed by SoftBank.
- 04The Ohio data center project will serve OpenAI.
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