Nvidia in Talks to Back $250 Billion OpenAI Data Center Project

Nvidia is reportedly in discussions to provide approximately $250 billion in financial guarantees to support OpenAI as part of a large-scale data center initiative, according to a report published Sunday by The Wall Street Journal.

The financial backing from Nvidia would allow the maker of the popular ChatGPT artificial intelligence tool to lease a massive 10-gigawatt facility currently under development in southern Ohio by an energy subsidiary of SoftBank, the newspaper reported, citing sources with knowledge of the situation.

Reuters, which first distributed the report, said it was unable to independently confirm the details at the time of publication.