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The Hindu·2 min read·medium

Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: Report

R
Reuters
Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: Report
AI Summary

Nvidia is reportedly in discussions to provide $250 billion in financing to support a massive 10-gigawatt data center project for OpenAI. The project, which involves energy infrastructure in Ohio, has also attracted interest from other major tech firms including Microsoft, Google, and Anthropic.

Nvidia is ​in talks to provide a roughly $250 ‌billion financing for OpenAI ​as part of a ⁠massive data centre project, The Wall Street Journal reported on Sunday. The guarantees ‌from Nvidia would help the ChatGPT maker lease ‌a 10-gigawatt project that SoftBank’s ‌energy ⁠subsidiary is developing in southern ⁠Ohio, the newspaper said, citing people familiar with the matter.

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