WSJ: Nvidia in Talks To Finance OpenAI Data Center
The Wall Street Journal is reporting that Nvidia is in talks with OpenAI to provide US$250 billion in financing for a major data center project in southern Ohio. The deal could help OpenAI build more of its own infrastructure and give Nvidia long-term demand for its AI chips.
Potential Nvidia-OpenAI Deal
REPORTER:
Nvidia is reportedly in talks with OpenAI to provide $250 billion US dollars in financing for a major data center project.
The Wall Street Journal reported that the backing would help OpenAI lease a massive data center in southern Ohio. The project, being developed by SoftBank’s energy subsidiary, could cost more than $500 billion US dollars. The deal could help OpenAI build its own infrastructure instead of relying on Microsoft, Amazon, and Oracle. It could also help Nvidia secure long-term demand for its AI chips. The deal is an example of tech giants increasingly tapping debt and equity markets to fund AI infrastructure.
