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OpenAI signs record Ohio data center lease with Nvidia backing up to $105 billion

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OpenAI signs record Ohio data center lease with Nvidia backing up to $105 billion

The Decoder · Aug 17, 2026, 2:13 PM UTC

OpenAI has signed a 20-year lease for an 8-gigawatt data center in Ohio. Nvidia is guaranteeing up to $105 billion for the residual value of the facilities and becomes the exclusive chip supplier. According to the Wall Street Journal, nine tech companies now hold around $3 trillion in AI commitments that don't appear on any balance sheet.…