United States negotiates $250 billion Nvidia guarantee for OpenAI
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United States – Nvidia is in talks to provide about $250 billion in financial guarantees to support a massive OpenAI data center project in southern Ohio, according to the Wall Street Journal. The guarantees would help OpenAI lease a 10‑gigawatt data center being developed by SoftBank, with the overall project cost, including the computing hardware inside the facility, expected to exceed $500 billion. If completed at this scale, the complex would be the largest data center project ever announced, underscoring the rapidly expanding infrastructure demands of the U.S. artificial intelligence sector. United States – Under the proposed arrangement, Nvidia would back a series of financing instruments to give lenders confidence in the project’s debt, covering leasing and construction of the data center but not the Nvidia chips to be deployed there. The project’s electricity is controlled by the U.S. government, and funding for the associated power infrastructure comes from Japan under a recent trade agreement. U.S. Commerce Secretary Howard Lutnick took part in power allocation decisions, and Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman are leading the negotiations. The terms have not been finalized, and the deal could still fall through, but the transaction would rank among the most ambitious financial deals of the current U.S. AI boom.
Prepared by Christopher Adams and reviewed by editorial team.
Timeline of Events
- Recent trade agreement Japan funds power infrastructure
- Recently U.S. government secures project electricity control
- Recently SoftBank plans 10-gigawatt Ohio data center
- Recently Project cost estimated above $500 billion
- Recently Nvidia, OpenAI begin guarantee negotiations
- Recently Commerce Secretary involved in power allocation
- Recently Nvidia guarantee structure targets project debt
- Today Terms still under negotiation, deal uncertain
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