Bitcoin Foundation

Nvidia in Talks for $250B Guarantee to OpenAI for Largest AI Data Center Build

Nvidia is negotiating a roughly $250 billion financial guarantee for OpenAI as part of a massive data center project in Ohio. The total project cost, including chips, could exceed $500 billion — making it the largest data center in history.

The guarantee is intended to reduce risks for lenders financing the lease and construction of the infrastructure. The project is being managed by SoftBank through its SB Energy unit. Hot topic: Triple-A Payment Service Hack Drains $11.8M — How Bad Is It?

The talks are at an early stage and could fall through. But if the deal goes ahead, it would be one of the largest examples of financial engineering in the AI industry.

Financial Details: $250B Guarantee and $350B in Chips According to WSJ, Nvidia’s guarantee would cover the data center lease and debt needed for construction–but not Nvidia’s own chips.

This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.

BTC
Read Full Article at Source
Ad Space