Nvidia in Talks With OpenAI to Guarantee $250 Billion Financing for Data Center
TLDR ● Covered by 2 sources
Nvidia is negotiating to provide a $250 billion financing guarantee for OpenAI's data-center infrastructure needs, specifically to enable OpenAI to lease a 10-gigawatt facility being developed by SoftBank's energy subsidiary. The $250 billion backstop represents the scale of computing resources needed for OpenAI's operations. The arrangement would allow OpenAI to secure massive computational capacity while Nvidia strengthens its position as the critical hardware supplier underlying major AI infrastructure projects.
Why it matters
Nvidia is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data-center project. The guarantee will help OpenAI lease a 10-gigawatt project that Softbank's energy subsidiary is developing.
