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Nvidia Reportedly in Talks to Put $3B into SB Energy for OpenAI Data Centers

In one line: Nvidia is reportedly in talks to invest around $3 billion in SB Energy, a SoftBank-linked power company, as part of an OpenAI data center deal.

Key points

  • According to The Information, Nvidia is said to be discussing a roughly $3 billion investment in SB Energy.
  • The investment is reported to be tied to infrastructure for OpenAI's data center expansion.
  • SB Energy is a SoftBank-affiliated energy and power-infrastructure business, positioning it near the data center power supply chain.

Why it matters

The bottleneck for AI data centers is increasingly power, not just chips. Nvidia backing energy infrastructure directly signals a more vertical bet — reaching beyond GPU supply into the electricity and sites needed to sustain OpenAI-scale compute demand.

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