256 Newsroom — Uganda's Digital News Infrastructure
Business

Nvidia Will Back First Phase of OpenAI Project With as Much as $105 Billion - Bloomberg

Published by Bloomberg By Ian King, Will Wade · 17 August 2026 at 21:40
Share
Nvidia Will Back First Phase of OpenAI Project With as Much as $105 Billion - Bloomberg
Image · Bloomberg

What the report says

Nvidia Corp. has agreed to spend as much as $105 billion to support a massive new data center campus in Ohio set to be leased by OpenAI, marking the latest tie-up between two dominant forces driving the AI boom.

Read the full report at Bloomberg →

Loading debate for this article…

Other publishers covering this story

No additional verified coverage is currently clustered with this report.

More stories by this journalist

Other publications from this journalist — open any story without leaving the article page.

No other published stories from this publisher yet.

Related reporting

Absa calls for investment execution to drive Uganda’s next growth cycleNile Post 256 Newsroom Zawadi shuts down buses over Shs1.7b Stanbic Bank loan, disrupting transport in Adjumani - Daily MonitorDaily Monitor Uganda Is Producing More, But Who Is Buying What We Make?Nile Post Sanjay Tanna urges value addition at Equity Bank trade roadshowThe Independent Uganda 256 Newsroom UIA: French Firms Have Committed $4 Bn to Uganda, But Trade Lags - ChimpReportsChimpReports 256 Newsroom dfcu’s Gloria Namutebi: Financing the Assets That Move Uganda’s Economy - ChimpReportsChimpReports