Search results for Ohio
AI & Enterprise
Nvidia talks with OpenAI on $250 billion guarantee for Ohio data centre
Nvidia is discussing providing about $250 billion in payment guarantees for a large data centre project for OpenAI, the Wall Street Journal reported. The guarantee would support OpenAI leasing a 10-gigawatt project being developed in southern Ohio by an energy unit of SoftBank, the report said. Including chips, the overall cost could exceed $500 billion. The U.S. government would control the power, with Japan funding under a recent trade agreement.
Industry
Moving fabs alone may not make South Korea\'s semiconductor relocation work, MPE ecosystem key
South Korea is pushing to disperse its semiconductor production base beyond the capital area, but simply moving fabs may deliver limited results, industry voices say. The government plans to allocate over 40 percent of its National Growth Fund to non-capital regions and offer special subsidies to relocating materials, parts and equipment firms. Officials also aim to build regional specialisation, but supply-chain depth, engineers’ response times, power costs and local settlement conditions are seen as decisive.
Crypto
Trump moves to broker late-stage Clarity bill deal as talks stall over ethics provision
U.S. President Donald Trump is set to meet senators to discuss a disputed ethics provision in the Clarity crypto market structure bill. Talks are focused on whether to restrict top officials, including the president, from holding personal business interests in the crypto industry. Democrats say they will not cooperate on a final vote without the clause. Senate leaders aim for floor action before the Aug. 7 work period ends.
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Mobility
U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots
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Industry
Mara bitcoin miner pursues purchase of Texas power site to accelerate AI expansion
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Crypto
Bitcoin miners face U.S. grid test as power demand rises, flexibility proof key by 2027
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AI & Enterprise
SoftBank to enter U.S. AI cloud computing market with SB Neo launch
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AI & Enterprise
Meta steps up cloud infrastructure push, considers selling AI models
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Industry
Hanwha Power enters U.S. fuel gas compressor market for first time
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AI & Enterprise
OpenAI considers mega data centre in Ohio backed by Nvidia
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AI & Enterprise
U.S. debates regulation as data center boom pressures power bills
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Industry
LG Energy Solution signs $1.6 billion ESS supply deal with DTE Energy
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Crypto
Minnesota bans operation of prediction markets, stirs debate ahead of August start
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Industry
Intel steps up foundry push; Tan says it can compete with TSMC
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Industry
Honda posts over $9 billion loss on EVs, drops 2040 full electrification goal
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Crypto
Bitcoin retirement strategy re-emerges; 2 to 5 BTC seen needed around 2030
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People
Korea Exchange appoints Han Gu as executive director
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AI & Enterprise
Hiring AI shows bias, gives edge to resumes written by same model