Nvidia NVDA is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data-center project, one of the most ambitious financial transactions yet in America’s artificial-intelligence boom, reported Wall Street Journal.
The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s 9434 energy subsidiary is developing in southern Ohio, people familiar with the matter said.In total, the project could cost more than $500 billion, including the chips that would go inside the data centers. It would be the largest data-center project announced to date.-TradeArabia News Service
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Nvidia eyes $250bn OpenAI funding for mega data centre project
