Nvidia's $100B for OpenAI's Ohio Site, Plus $1.5B for Power

The Financial Times reported that Nvidia has pledged $100 billion in backing for a new OpenAI data center in Ohio, alongside a separate $1.5 billion investment into an energy company spun out of SoftBank Group; Sam Altman publicly thanked Jensen Huang on X. The headline figure is roughly twenty times the largest private funding round we covered this month, aimed at a single site — but the deal's legal structure has not been published, and the show treats "backing" as a direction rather than a confirmed balance-sheet amount. The smaller check is the one that reframes the story: at about 1.5% of the compute figure, the energy investment signals that electricity, not chip supply, is now setting the schedule for AI buildouts. The hosts disagree, without resolution, over whether  ...