Nvidia’s Ohio Bet Signals a Structural Shift in AI Infrastructure

OpenAI is in talks to lease a proposed 10-gigawatt data center campus in Ohio, with Nvidia reportedly supplying hardware and providing financial guarantees. This deal signals Nvidia's evolution from a chip vendor to a capital partner in AI infrastructure, with implications for long-term revenue visibility. The project, backed by SoftBank's SB Energy, could cost at least $500 billion and would exceed the entire existing Stargate footprint capacity.