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● TRACKER Updated 29d ago · 6 sources tracked

Nvidia scales back OpenAI data-center guarantee to less than $120B, WSJ reports (NVDA:NASDAQ)

Nvidia has scaled back its funding guarantee for an OpenAI data center campus in Ohio to less than $120 billion, according to the Wall Street Journal. This adjustment follows earlier reports that the company was nearing a deal to guarantee roughly $100 billion in credit. As part of the broader data center arrangement, Nvidia is also considering a $3 billion investment in SoftBank's SB Energy to support the power requirements of the project.

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  • ✓ Nvidia is considering a $3 billion investment in SoftBank's SB Energy linked to the OpenAI data center deal.
  • ✓ Nvidia is providing a funding guarantee for an OpenAI data center located in Ohio.
🛡️ Source Corroboration: 6 independent reporting domains (80% confidence) ⏱ Read time: ~2 min

What changed

The Wall Street Journal reports Nvidia has lowered its funding guarantee to under $120 billion.

Live updates

  1. Nvidia reduces funding guarantee for OpenAI Ohio data center

    Nvidia has scaled back its funding guarantee for an OpenAI data center campus in Ohio to less than $120 billion, according to the Wall Street Journal. This adjustment follows earlier reports that the company was nearing a deal to guarantee roughly $100 billion in credit. As part of the broader data center arrangement, Nvidia is also considering a $3 billion investment in SoftBank's SB Energy to support the power requirements of the project.

    Why it matters

    The project involves a 10GW campus designed to support OpenAI's massive computational needs. Ensuring stable energy infrastructure is critical for the scale of AI hardware Nvidia provides. The shift in funding reflects evolving risk assessments regarding the project's scale.

    What is confirmed

    • Nvidia is considering a $3 billion investment in SoftBank's SB Energy linked to the OpenAI data center deal.
    • Nvidia is providing a funding guarantee for an OpenAI data center located in Ohio.

    Still unconfirmed

    • Nvidia was close to a deal to guarantee about $100 billion in credit for OpenAI.

    What to watch next

    • Confirmation of the final guaranteed credit amount
    • Formal announcement of the SB Energy investment
    • Details on the 10GW campus construction timeline
    Sources used for this update (8)
    1. Reuters — Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports
    2. The Information — Nvidia Close to Deal to Guarantee About $100 Billion in Credit for OpenAI
    3. CNBC — Nvidia eyes investing $3 billion in SoftBank's SB Energy under OpenAI data center deal, Information says
    4. finance.yahoo.com — NVIDIA’s $3 Billion Bet on the Power Behind AI
    5. Interesting Engineering — Nvidia cuts $130B+ from OpenAI’s 10GW Ohio campus backing amid risk concerns: Reports
    6. Seeking Alpha — Nvidia scales back OpenAI data-center guarantee to less than $120B, WSJ reports (NVDA:NASDAQ)
    7. Seeking Alpha — Nvidia reportedly eyes $3B investment in SB Energy tied to OpenAI data center deal
    8. The Information — Nvidia Nears Deal to Guarantee Roughly $100 Billion in Credit for OpenAI
    confidence 80%
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