Nvidia in talks to fund OpenAI data center
LATEST OpenAI seeks $250 billion for US data center
OpenAI is reportedly in talks with Nvidia to secure approximately $250 billion in loans for constructing a 10-gigawatt AI data center in Ohio. SoftBank is also involved as a major backer of OpenAI and SB Energy.
NOW PLAYING Nvidia to back OpenAI data center buildout: Source
OpenAI is reportedly in talks with Nvidia to secure approximately $250 billion in loans for constructing a 10-gigawatt AI data center in Ohio, which would be the largest in the U.S. SoftBank, a major backer of OpenAI and SB Energy, is also reportedly involved in funding the project, alongside potential government involvement and international trade negotiations. This move comes as OpenAI CEO Sam Altman plans to meet with U.S. policymakers to discuss AI's impact on productivity.
This massive data center buildout, if realized, could significantly increase demand for AI chips and computing power, impacting the supply chain and the financial stability of AI companies relying on debt financing.