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Nvidia and OpenAI in talks for up to $250 billion dollar backstop to fund AI infrastructure plans
Nvidia and OpenAI are in talks for a potential $250 billion backstop to fund OpenAI's AI infrastructure plans. The agreement would allow OpenAI to raise debt for a data center campus in Pike County, Ohio, leveraging Nvidia's credit.
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Adjacent reporting
- Nvidia is in talks to back OpenAI's Ohio data center with $250 billion in financing
- OpenAI's planned AI infrastructure spending is closing in on $750 billion
- OpenAI Foundation Pledges $250 Million to Help Cushion AI's Economic Disruption
- OpenAI is building a $20 billion AI data center campus near Savannah, Georgia
- OpenAI’s foundation to spend $250mn on research into AI’s impact on economy