Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

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July 26 (Reuters) – Nvidia is in talks to provide a roughly $250 billion backstop for OpenAI as part of a massive data center project, The Wall Street Journal reported on Sunday.

The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio, the newspaper said citing people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Abu Sultan in Bengaluru; Editing by Christian Schmollinger)

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