Nvidia weighs $250 billion backstop for OpenAI's Ohio data center lease
The reported guarantee would make Nvidia a financing pillar for a SoftBank-built data center campus that OpenAI would lease.
By Ryan Merket · Published
Primary source: Reuters
Why it matters
A $250 billion guarantee would tie Nvidia's financial exposure to OpenAI's infrastructure expansion, deepening the connection between AI chip demand and supplier-backed financing.
Nvidia, co-founded and led by Jensen Huang, is discussing a roughly $250 billion financial backstop that would help OpenAI lease a 10-gigawatt data center project in southern Ohio, Reuters reported on July 26th, citing The Wall Street Journal.…
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