Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJ
Nvidia OpenAI financing
Covered by 9 sources
- NYT Homepage·2h agoOpenAI Close to Landing $500 Billion Data Center With Backing From Nvidia
The chipmaking giant is in talks with OpenAI to provide a $250 billion financial backstop for the project, which would be among the largest of the A.I. boom.
Read at NYT Homepage → - The West Australian·5h agoNvidia’s $1 trillion deals revive fear of AI circular financing
Nvidia’s fresh round of AI infrastructure deals are accelerating a streak of investments that sceptics warn is artificially inflating demand and valuations across the industry.
Read at The West Australian → - Al Jazeera·7h agoNvidia plans $250bn push to bolster OpenAI’s infrastructure ambitions
Political backlash grows as US states propose bans on new data centres, raising challenges for Nvidia and AI industry.
Read at Al Jazeera → - CNBC Top News·8h agoNvidia's potential $250B backstop for OpenAI is another strike against the AI trade
This is yet another sign that investors need to look beyond AI stocks.
Read at CNBC Top News → - ET Tech·9h agoNvidia to invest $5 billion in Ilya Sutskever's AI startup
The two companies announced the deal Monday morning without disclosing financial terms. The funding will boost SSI's available computing resources, the companies said. The deal also gives SSI access to Nvidia's cutting-edge Vera Rubin hardware.
Read at ET Tech → - Deccan Chronicle Ent·15h agoNvidia in Talks With OpenAI To Guarantee $250 Billion Financing For Data Center: Report
The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio
Read at Deccan Chronicle Ent → - Bloomberg Technology·18h agoNvidia’s $750 Billion Deals Revive Fear of AI Circular Financing
Nvidia Corp. is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, accelerating a streak of investments that skeptics warn is artificially inflating demand and valuations across the industry.
Read at Bloomberg Technology → - TechJuice PK·22h agoNVIDIA May Lend OpenAI Billions to Buy NVIDIA Chips
NVIDIA is reportedly ready to put an eye-watering sum on the line to keep the AI boom rolling. The chip giant is in talks to provide roughly $250 billion in financing guarantees for OpenAI. The backstop would help the ChatGPT maker lease a massive data center, though all parties…
Read at TechJuice PK →
