REPORTED DEVELOPMENT
Nvidia is reported to be discussing a financing backstop for OpenAI's 10GW Ohio project
The Wall Street Journal reported that Nvidia is discussing roughly $250 billion of financing guarantees tied to OpenAI leasing a 10GW campus being developed by SoftBank in southern Ohio.
PRIMARY SOURCEReuters · Wall Street Journal ↗
PUBLIC RESPONSE
No formal guarantee had been announced, and the reported terms could still change or fall apart.
- ENTITIES
- NvidiaOpenAISoftBank
- REPORTING STATUS
- Talks reported · terms not final
- SOURCE COUNT
- 1
- SOURCE BOUNDARY
- Reuters relayed a Wall Street Journal report based on people familiar with the talks; this is one independent source group.