The story so far
Nvidia-OpenAI Financing Talks
Tracked across 3 sources · Updated 5h ago
Nvidia is reportedly in talks to provide a $250 billion backstop for OpenAI's massive data center project in Ohio, which involves a 10-gigawatt campus developed by SoftBank's energy subsidiary. The deal may also benefit Oracle. Analyst views are positive.
How it unfolded
18h ago
Analyst calls Nvidia guarantee constructive
18h ago
Oracle stock jumps on Nvidia-OpenAI deal report
18h ago
Financing tied to Ohio data center project
2d ago
WSJ: Nvidia in talks for $250bn OpenAI backstop
What happened earlier
Latest updates
Latest
Full story →CRWV, NBIS Stocks Climb – Nvidia’s $250B OpenAI Guarantee Is A ‘Constructive’ Signal, Says Analyst
Nvidia provided a $250 billion guarantee related to OpenAI financing, which an analyst called a "constructive" signal.
The financing is tied to a planned 10-gigawatt AI campus in Ohio.
The Ohio AI campus project is expected to exceed $500 billion including computing hardware.
CRWV and NBIS stocks climbed following the news.
Earlier · 18h ago
Full story →Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
Nvidia is in talks with OpenAI to guarantee $250 billion financing for a data center project.
The report comes from The Wall Street Journal and was published on Sunday.
The financing would serve as a backstop for OpenAI's massive data center initiative.