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● TRACKER Updated 29d ago · 8 sources tracked

Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports

Nvidia has scaled back a funding guarantee for an OpenAI data center in Ohio, according to the Wall Street Journal. The company originally planned a "$250 billion guarantee" but has since downsized those plans. Reports indicate the backstop may have been halved, with some sources stating Nvidia is near a deal to guarantee approximately $100 billion in credit. Separately, Nvidia is considering a $3 billion investment in SoftBank's SB Energy as part of the broader data center project to secure necessary power infrastructure.

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  • ✓ Nvidia scaled back its funding guarantee for an OpenAI data center in Ohio.
  • ✓ The original funding guarantee plan was for $250 billion.
  • ✓ Nvidia is considering a $3 billion investment in SB Energy for the Ohio AI data center.
🛡️ Source Corroboration: 8 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

The Wall Street Journal reports that Nvidia downsized its initial $250 billion funding guarantee for the Ohio project.

Live updates

  1. Nvidia reduces funding guarantee for OpenAI Ohio data center

    Nvidia has scaled back a funding guarantee for an OpenAI data center in Ohio, according to the Wall Street Journal. The company originally planned a "$250 billion guarantee" but has since downsized those plans. Reports indicate the backstop may have been halved, with some sources stating Nvidia is near a deal to guarantee approximately $100 billion in credit. Separately, Nvidia is considering a $3 billion investment in SoftBank's SB Energy as part of the broader data center project to secure necessary power infrastructure.

    Why it matters

    Large-scale AI data centers require massive capital and energy resources to operate. This financial arrangement highlights the interdependence between chip providers and AI developers to build the physical infrastructure needed for next-generation models.

    What is confirmed

    • Nvidia scaled back its funding guarantee for an OpenAI data center in Ohio.
    • The original funding guarantee plan was for $250 billion.
    • Nvidia is considering a $3 billion investment in SB Energy for the Ohio AI data center.

    Still unconfirmed

    • Nvidia is close to a deal to guarantee about $100 billion in credit for OpenAI.
    • The OpenAI backstop was halved following 13F filings revealing Nvidia stakes.

    What to watch next

    • Confirmation of the final credit guarantee amount
    • Formal announcement of the SB Energy investment
    • Updates on the Ohio data center construction timeline
    Sources used for this update (9)
    1. Reuters — Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports
    2. WSJ — Exclusive | Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
    3. The Information — Nvidia Close to Deal to Guarantee About $100 Billion in Credit for OpenAI
    4. The Next Web — Nvidia OpenAI backstop halved as 13F reveals its stakes
    5. Yahoo Finance — Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
    6. The Information — Nvidia in Talks to Invest $3 Billion in SB Energy as Part of OpenAI Data Center Deal
    7. CNBC — Nvidia eyes investing $3 billion in SoftBank's SB Energy under OpenAI data center deal, Information says
    8. Investing.com — Nvidia weighs $3 bln in SB Energy for Ohio AI data center - The Information
    9. finance.yahoo.com — NVIDIA’s $3 Billion Bet on the Power Behind AI
    confidence 85%
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