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Markets

OpenAI Eyes $500 Billion Ohio Data Center Campus With Nvidia Backing

OpenAI is discussing a 20-year lease for a 10 GW Ohio data center campus. Nvidia is expected to supply chips and provide financial backing for the project. OpenAI has also confidentially file

AnonymousCryptoCompass newsroom
June 10, 2026
1 min read
NEWS
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  • OpenAI is discussing a 20-year lease for a 10 GW Ohio data center campus.
  • Nvidia is expected to supply chips and provide financial backing for the project.
  • OpenAI has also confidentially filed for a US IPO while continuing to expand AI infra.

OpenAI is discussing a long-term deal to secure one of the largest AI computing sites ever proposed. The company is in talks to lease a 10-gigawatt data center campus on federal land in southern Ohio, with Nvidia expected to supply hardware and help finance the project.

The project could cost more than $500 billion based on current prices for chips, labor, power, and construction. OpenAI would lease the site for 20 years and control the computing equipment inside the campus.

Lease payments would begin after operations start, with the first phase expected to come online in 2028. 

The site would be developed by SB Energy, …

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