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According to The Information, OpenAI is considering leasing a data center in Ohio with the support of Nvidia

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((Automated translation by Reuters using machine learning and generative AI, please refer to the following disclaimer: https://bit.ly/rtrsauto)) (Updated with details and context)

OpenAI is reportedly in talks to lease a data center campus with a planned capacity of 10 gigawatts on federal land in Ohio, in a deal that could include financial support from Nvidia

NVDA.O, The Information reported Tuesday, citing two people with direct knowledge of the discussions.

Here are some details:

* Building the campus could cost at least $500 billion, depending on current prices for chips, labor, electricity and other inputs, the report said.

* OpenAI would control the site’s equipment under a 20-year lease, with payments to begin upon launch of operations; the first phase is planned for 2028, the report adds.

* The site, one of the largest of its kind, would be developed by SB Energy, a subsidiary of SoftBank 9984.T, on land owned by the Department of Energy in southern Ohio.

* According to the report, Nvidia is expected to provide the site’s computer hardware and provide a financial guarantee for OpenAI’s lease and SB Energy’s financing.

*Reuters could not immediately verify this information. OpenAI and Nvidia did not immediately respond to Reuters’ requests for comment outside of regular business hours.

* Earlier this year, Chat maker GPT suspended its “Stargate†data center project in the UK, citing regulatory hurdles and high energy costs.

* Separately, Apollo APO.N and Blackstone BX.N are funding a $35 billion AI capacity expansion for Anthropic using Broadcom AVGO.O chips, Reuters reported this week.