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financial backstop

Coverage of financial backstop in the Nexus archive.

Earliest in view: Aug 17 · 11:50 UTCMost recent: Aug 17 · 11:50 UTC

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BUSINESSAug 17 · 11:50 UTCQUARTZ
Nvidia is slashing its financial backstop for OpenAI's Ohio data center to under $120 billion
Nvidia is reducing its financial backstop for OpenAI's Ohio data center to under $120 billion. The chipmaker revised this plan after investors voiced concerns regarding its risk exposure tied to large financing commitments.