Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: Report
According to a Wall Street Journal report, Nvidia is in discussions to provide approximately $250 billion in financing to OpenAI as part of a massive data centre project. The project, a 10-gigawatt facility being developed by SoftBank's energy subsidiary in southern Ohio, would be leased by OpenAI, which has been in advanced talks for several weeks. The power for the project is controlled by the U.S. government and funded separately by Japan under a recent trade deal, with U.S. Commerce Secretary Howard Lutnick involved in deciding who will receive access. Other tech companies including Anthropic, Microsoft, and Google have also expressed interest. Reuters could not independently verify the report, and Nvidia, OpenAI, and the U.S. Commerce Department did not respond to requests for comment.
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