{"slug": "nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says", "title": "Nvidia in talks on US$250 billion backing for OpenAI hub, WSJ says", "summary": "Nvidia is in discussions to provide a guarantee of about US$250 billion to help OpenAI lease computing from a 10-gigawatt data centre hub that SoftBank Group is developing in Ohio, the Wall Street Journal reported. The project may cost about US$500 billion, and Nvidia's guarantee would help SoftBank borrow more capital to bankroll its construction.", "body_md": "# Nvidia in talks on US$250 billion backing for OpenAI hub, WSJ says\n\nThis helps the AI lab lease a 10-gigawatt data centre hub that SoftBank Group is developing in Ohio\n\n[HONG KONG] Nvidia is in discussions to provide a guarantee of about US$250 billion to help OpenAI lease computing from a giant data centre project, the *Wall Street Journal *reported, citing people familiar with the matter.\n\nThe deal should help the artificial intelligence lab lease a 10-gigawatt data centre hub that SoftBank Group is developing in Ohio, the Journal said.\n\nThat project may cost about US$500 billion, SoftBank founder [Masayoshi Son](https://www.businesstimes.com.sg/international/global/masayoshi-son-becomes-japans-richest-us55-billion-fortune) has said. Nvidia’s guarantee would help SoftBank borrow more capital to bankroll its construction.\n\nChatGPT’s developer has been in talks to lease that capacity for several weeks, it said.\n\nThe deal underscores the circular nature of the increasingly large transactions that power the AI industry, where giant tech firms finance the projects that ultimately funnel business back to them. BLOOMBERG\n\nDecoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.\n\nShare with us your feedback on BT's products and services", "url": "https://wpnews.pro/news/nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says", "canonical_source": "https://www.businesstimes.com.sg/startups-tech/technology/nvidia-talks-us250-billion-backing-openai-hub-wsj-says", "published_at": "2026-07-27 00:14:25+00:00", "updated_at": "2026-07-27 00:22:58.211565+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["Nvidia", "OpenAI", "SoftBank Group", "Wall Street Journal", "Masayoshi Son"], "alternates": {"html": "https://wpnews.pro/news/nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says", "markdown": "https://wpnews.pro/news/nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says.md", "text": "https://wpnews.pro/news/nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says.txt", "jsonld": "https://wpnews.pro/news/nvidia-in-talks-on-us-250-billion-backing-for-openai-hub-wsj-says.jsonld"}}