Nvidia is in negotiations to provide a $250 billion guarantee for OpenAI's data center project.
Nvidia Corporation is negotiating to provide a $250 billion financial guarantee for OpenAI's massive data center project in Ohio. If this agreement is finalized, it would be one of the largest financing deals in the artificial intelligence industry.
This financial assistance will enable OpenAI to lease a 10-gigawatt capacity data center campus. The total cost of the project could exceed $500 billion, and it is aimed at ensuring OpenAI's independent artificial intelligence infrastructure.
Investing.com reported this, citing the Wall Street Journal. Negotiations are currently ongoing, and the final status of the agreement is unknown.