Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJ

Nvidia is in talks to provide a roughly $250 billion financing for OpenAI as part of a massive data centre project, The Wall Street ‌Journal reported ⁠on Sunday. The ⁠guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio, the newspaper said, citing people familiar with the matter.

The power for the ⁠project is ‌controlled by the US government and funded separately by Japan under ⁠a recent trade deal, with US Commerce Secretary Howard Lutnick involved in deciding who will receive access to it, the report added.