Nvidia Says It Will Provide Financing for SoftBank Data Center Project in Ohio, Reported as Up to $105 Billion

Nvidia has confirmed plans to provide substantial financing backing a SoftBank-led data center project in Ohio, according to a report that cites a securities filing and identifies the project’s location and scale. The report, published Monday, says the financing could total up to $105 billion for the facility at the Portsmouth site in Pike County, with the project led by SB Energy and described as being set up for major tenant use by OpenAI.

The Zero Hedge report characterizes the arrangement as a financial backing commitment tied to the data center’s development. It says the facility is being built as part of a broader expansion of large electricity-consuming computing infrastructure, and that the project is structured around long-term leasing to a primary customer.

According to the same reporting, the Ohio project begins with a stated power capacity of 4.25 gigawatts. The filing reference in the report also describes potential growth, with the facility later able to expand to as much as 10 gigawatts, depending on the project’s evolution.

The report links the financing to a formal disclosure, describing it as contained in Nvidia’s securities filing. Nvidia’s confirmation, as described by Zero Hedge, is the first point of direct corporate acknowledgment in the reporting packet about the size and nature of the commitment.

The transaction’s practical effect, if finalized as described, would be to accelerate development timelines for major data centers requiring significant power infrastructure. Data center expansions at this scale have implications for state and local permitting, electricity supply planning, and construction timelines, particularly in regions where new generation and grid upgrades may already be under pressure.

The reported structure, in which the project is described as fully leased to OpenAI, would also shape how the project’s revenues and financing risk are underwritten. In that setup, the financing would depend on the ability to deliver construction, interconnection, and operational capacity on schedule, while also matching the lease terms for the primary tenant.

Because the central quantitative and tenant claims in the report are attributed to securities filing language, further verification will depend on reviewing the underlying filing text itself. The report does not, in the provided packet, include the filing citation or the exact line items, leaving some details for confirmation through the official corporate filing record.