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Nvidia in talks to backstop $250bn of OpenAI’s data-centre financing — Blankdot

thenextweb.com1 week ago

Nvidia in talks to backstop $250bn of OpenAI’s data-centre financing

Nvidia in talks to backstop $250bn of OpenAI’s data-centre financing

Nvidia is reportedly in talks to guarantee about $250bn of financing for OpenAI, a backstop that would let the ChatGPT maker fund a vast new data centre without the investment-grade credit rating such borrowing normally demands. The arrangement was described by the Wall Street Journal on July 26,…

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