Nvidia Discussing $250 Billion Financing Backstop for OpenAI's Ohio Data Center
Nvidia is reportedly discussing a financing backstop of approximately $250 billion for a proposed 10-gigawatt data center campus in southern Ohio, with OpenAI as a prospective tenant. The project, developed by SoftBank's SB Energy, could cost over $500 billion. Nvidia is also discussing separate financing of up to $350 billion for chips at the site. These are ongoing negotiations, not completed commitments. While this could impact Microsoft's cloud revenue from OpenAI, the report clarifies it does not indicate OpenAI is leaving Microsoft, which remains its primary cloud partner.
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