OpenAI Close to Landing $500 Billion Data Center With Backing From Nvidia

The chipmaking giant is in talks with OpenAI to provide a $250 billion financial backstop for the project, which would be among the largest of the A.I. boom.

By Maureen Farrell and Cade Metz

Nvidia in Talks on $250 Billion Backing for OpenAI Hub, WSJ Says

Nvidia Corp.’s in discussions to provide a guarantee of about $250 billion to help OpenAI lease computing from a giant data center project, the Wall Street Journal reported, citing people familiar with the matter.

By Edwin Chan

Nvidia and OpenAI in talks for up to $250 billion dollar backstop to fund AI infrastructure plans

The backstop would let OpenAI raise debt for a data center campus in Pike County, Ohio, on the strength of Nvidia's credit.

Nvidia in talks to back OpenAI data center financing with $250B guarantee, WSJ reports

Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: Report

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

Nvidia said to be in talks on $250B backstop for OpenAI data center

Nvidia Weighs $250 Billion Backstop For OpenAI's Gargantuan Ohio Data Center Campus

Nvidia Weighs $250 Billion Backstop For OpenAI's Gargantuan Ohio Data Center Campus Nvidia is in early talks to provide up to $250 billion in financing guarantees to help OpenAI lease computing capacity from a planned $500 billion, 10-gigawatt data center facility in Ohio, according to Bloomberg, citing people familiar with the matter. The proposed deal highlights investor concerns that the AI bubble has been fueled by circular financing. The SoftBank-led project is located in ...

By Tyler Durden