Nvidia's $250 Billion Power Boost for OpenAI
Nvidia is reportedly considering providing a $250 billion financial backstop for OpenAI's ambitious data center project. The project involves leasing a 10-gigawatt facility being developed by SoftBank’s energy subsidiary in southern Ohio. This move aims to enhance OpenAI's computational capabilities substantially.
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Nvidia is in discussions to offer a significant $250 billion backstop for OpenAI, according to a report by The Wall Street Journal published on Sunday.
This financial guarantee from Nvidia is intended to support OpenAI's leasing of a substantial 10-gigawatt data project, currently under development by SoftBank’s energy division in southern Ohio, the report noted, citing anonymous sources.
Reuters has not yet been able to independently verify these claims.
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