Nvidia puts $1.5 billion into SB Energy to power Ohio OpenAI data center

Nvidia announced on August 17, 2026 that it is investing $1.5 billion in SB Energy, a move tied to its separate $100 billion commitment toward an OpenAI data center in Ohio.

TechCrunch reported that the investment is intended to ensure Nvidia chips serve as the power source for that facility. SB Energy, which TechCrunch described as a data center developer, was established as part of SoftBank Group, according to the Financial Times, which also characterized it as an energy company.

The $100 billion pledge toward the Ohio data center was reported by the Financial Times on the same date.