Nvidia in talks with OpenAI to guarantee US$250 billion financing for data centre project

Published Jul 27, 12:14 AM UTC

According to a Wall Street Journal report, Nvidia is in negotiations with OpenAI to guarantee US$250 billion in financing for a massive data center project. The deal would enable OpenAI, the maker of ChatGPT, to lease a 10-gigawatt data center project being developed by SoftBank's energy subsidiary in southern Ohio. For Nvidia, the arrangement would secure long-term demand for its chips, which are critical for AI computing. The report highlights the escalating scale of infrastructure investment required to support advanced artificial intelligence systems, with major tech companies forming strategic partnerships to fund and build out enormous computing capacity.