OpenAI would control the computing equipment under a 20-year lease and begin payments once the site starts operating, with the first phase expected in 2028. Nvidia is expected to supply the hardware and guarantee both OpenAI’s lease obligations and the developer’s financing, the report added.
The reported structure highlights a broader shift in AI infrastructure strategy, where model developers, chip suppliers, and energy providers are forging increasingly long-term partnerships to secure compute capacity amid surging demand.
“These types of symbiotic deals are becoming the norm as AI infrastructure rolls out,” said Neil Shah, vice president for research and partner at Counterpoint Research. “If a CIO picks OpenAI to be the base layer, they shouldn’t just accept whatever infrastructure comes with it. CIOs need to negotiate and demand that OpenAI uses a mix of capacity so all your eggs are not in one premium basket like Nvidia.”
OpenAI and Nvidia did not immediately respond to requests for comment.
