{"slug": "nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports", "title": "Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports", "summary": "Nvidia has scaled back its funding guarantee for a proposed OpenAI data center project in Ohio to less than $120 billion, down from the previously discussed $250 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. The chipmaker is expected to provide a financial backstop only for the first phase, with a deal possible as early as this weekend, after investors raised concerns about Nvidia's risk exposure. OpenAI is still discussing a binding lease for the full 10-gigawatt project, which would be the largest data center project announced to date if completed.", "body_md": "Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday, citing people familiar with the matter. * The Journal said Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for the first phase of the project. A deal could be signed as early as this weekend, according to the report. * The change was made after investors raised concerns about Nvidia's risk exposure tied to large financing commitments, the newspaper said. * This came after Nvidia on Monday partnered with six major financial institutions to launch compute financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure. * OpenAI is still discussing a binding lease for the full 10-gigawatt project in Ohio, WSJ said. The site is being developed by SB Energy, a subsidiary of SoftBank, and would be the largest data center project announced to date if complet", "url": "https://wpnews.pro/news/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports", "canonical_source": "https://www.koreatimes.co.kr/world/20260815/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports?utm_source=rss", "published_at": "2026-08-15 01:07:02+00:00", "updated_at": "2026-08-15 01:12:43.423812+00:00", "lang": "en", "topics": ["ai-infrastructure", "ai-chips", "ai-policy"], "entities": ["Nvidia", "OpenAI", "Wall Street Journal", "SB Energy", "SoftBank"], "alternates": {"html": "https://wpnews.pro/news/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports", "markdown": "https://wpnews.pro/news/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports.md", "text": "https://wpnews.pro/news/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports.txt", "jsonld": "https://wpnews.pro/news/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-center-wsj-reports.jsonld"}}