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Nvidia said<\/a> on Monday that it will invest $1.5 billion in SB Energy, a data center linked to SoftBank and OpenAI.<\/p>\n The investment ensures that Nvidia will be the sole supplier of compute infrastructure at OpenAI\u2019s Ports-Pike data center near Cincinnati, Ohio. Nvidia will also provide up to $105 billion in credit to help build the facility, which could scale from an initial 4.25 gigawatts to 8 gigawatts in size, according to documents<\/a> the company filed with the SEC.<\/p>\n SB Energy\u2019s existing investors include SoftBank and OpenAI. SoftBank had previously held $5.8 billion worth of Nvidia stock, which it sold in November<\/a> to help fund other AI investments.<\/p>\n The data center and power developer will build a 9.2 gigawatt natural gas power plant<\/a> on the site, which is land owned by the U.S. Department of Energy. The site previously enriched uranium for the U.S. nuclear arsenal and for U.S. Navy submarines.<\/p>\n The power plant is expected to cost $33 billion<\/a>. The steep sum reflects the skyrocketing costs of building natural gas power plants, which have risen 66% in the last two years<\/a>, according to BloombergNEF. <\/p>\n By the time SB Energy\u2019s power plant and others are completed, they\u2019ll be competing for natural gas with export markets, a confluence that could triple natural gas prices<\/a> in some parts of the country.<\/p>\n<\/div>\n