Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10GW data center project that SoftBank is developing in Ohio (Wall Street Journal)

Techmeme ·

Nvidia may guarantee about $250B in financing for OpenAI-linked compute infrastructure, signaling massive capital commitments behind frontier AI scaling.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/tech/ai/nvidia-in-talks-with-openai-to-guarantee-250-billion-financing-for-data-center-3dd6eae3?st=pTU9bH"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260726/i10.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260726/p10#a260726p10" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/nvidia-in-talks-with-openai-to-guarantee-250-billion-financing-for-data-center-3dd6eae3?st=pTU9bH">Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10GW data center project that SoftBank is developing in Ohio</a></b></span>&nbsp; &mdash;&nbsp; Project would be one of the largest AI computing hubs and involve power controlled by the U.S. government&nbsp; &mdash;&nbsp; Nvidia is in talks to provide &hellip; </p>

Read at source: https://www.techmeme.com/260726/p10#a260726p10