Nvidia to invest $1.5 billion in SoftBank-backed SB Energy

Nvidia said it will invest $1.5 billion in SB Energy, which is backed by SoftBank. The company also disclosed that OpenAI will contribute an additional $40 million to a community benefits fund and will take capacity from the Ports-Pike project as a customer for 8 IT-GW. The Ports-Pike development is expected to create tens of thousands of jobs and includes an $80 million community fund, underscoring the scale of the project and its local economic impact.

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