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

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, The Wall Street Journal reported Sunday. The guarantees would help OpenAI lease a 10-gigawatt project being developed by SoftBank's energy subsidiary in southern Ohio, according to people familiar with the matter.

Nvidia is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data center project, The Wall Street Journal reported on Sunday. The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio, the newspaper said citing people familiar with the matter. Reuters could not immediately verify the report.