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Nvidia in talks with OpenAI to guarantee $250 bil. financing for data center, WSJ reports

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Nvidia CEO Jensen Huang, left, speaks with OpenAI CEO Sam Altman at the San Francisco AI Summit, Friday (local time). Yonhap

Nvidia CEO Jensen Huang, left, speaks with OpenAI CEO Sam Altman at the San Francisco AI Summit, Friday (local time). Yonhap

Nvidia is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data center 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.

Reuters could not immediately verify the report.