Sources: Nvidia has reworked a deal to finance an OpenAI Ohio data center campus so that it would initially guarantee only half of its planned $250B backstop (Anissa Gardizy/Wall Street Journal)
Nvidia’s proposed guarantee for the Ohio campus is now closer to $100 billion to under $120 billion, not the full $250 billion first discussed.
Techmeme’s note says the revised terms would have Nvidia initially backstop only half of the 10-gigawatt OpenAI data center project. The Wall Street Journal report, as summarized there, says investors had been uneasy about the risk in the larger guarantee. The deal is still described as proposed and not finalized. Techmeme's note
Techmeme’s note says the revised terms would have Nvidia initially backstop only half of the 10-gigawatt OpenAI data center project. The Wall Street Journal report, as summarized there, says investors had been uneasy about the risk in the larger guarantee. The deal is still described as proposed and not finalized. Techmeme's note
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