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

Nvidia is negotiating to provide approximately $250 billion in financing for OpenAI's data centre project, as reported by The Wall Street Journal. This financing would enable OpenAI to lease a 10-gigawatt facility being developed by SoftBank's energy subsidiary in southern Ohio. The project is subject to power control by the US government and separate funding from Japan under a recent trade deal, with US Commerce Secretary Howard Lutnick involved in access decisions.

Read the source (ET Tech)

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