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Nvidia in talks to guarantee $250 billion for OpenAI data center

techJul 26, 202616658

Nvidia is in talks to provide a roughly $250 billion backstop for OpenAI to lease a 10-gigawatt data-center project that SoftBank’s energy subsidiary is developing in southern Ohio, the Wall Street Journal reports. The guarantees would help OpenAI secure the lease for what the report says could be one of the largest AI computing hubs and would involve power controlled by the U.S. government. The overall project could cost more than $500 billion, including the chips that would go inside the centers, making it the largest data-center project announced to date. The WSJ frames the arrangement as one of the most ambitious financial transactions so far in America’s AI boom and says Nvidia is negotiating the guarantee to backstop the lease and related debt for the build-out.

SE Gyges
@segyges.bsky.social

good morning jensen huang, ceo of nvidia, browbeat everyone in ai to sign a letter saying that open source and open research are generally good things everyone but anthropic has signed currently. openai and google were a lil slow but they did it

428Yesterday
SE Gyges182

imagine google reading the room and figuring out how to "yes, and" a letter of platitudes faster than you

Andrew Robbins40

ok now open up cuda you coward

Never stop poasting30

I'm still not handing it to him

qustrolabe26

Ant employee came up with this silly what_about kind of response instead

missingjigsaw.bsky.social26

Is this more complicated than 'Anthropic has the best shot at dominating this market and knows it?'

Wafer God Updog23

Why does Anthropic keep making me feel stupid for having liked them. I will never recover from this

Quoting this
aly90

anthropic is appealing because they seem to have values, and other labs don't. unfortunately their values, while not totally regime-aligned, are not very good.

Chris Paxton57

Honestly this is what I like about anthropic They actually believe what theyre saying is the right thing, even when its obviously not

Anuj Ahooja33

Cool. I still don't trust any of them even a tiny bit because we all know how they've used the terms "open" and "open source" in the past.

apenwarr24

“iphone vs android” market dynamics in action already!

Eli Sennesh7

Shovel manufacturer knows how to bully gold prospectors

🪬🍄🌈🎮💻🚲🥓🎃🏴🛻♓🧿6

Oh the irony of NVIDIA of all corpos giving people shit for not supporting open-source. Opensource CUDA and maybe people will take you seriously Jensen.

Space Captain Lispegistus 🇪🇺🇧🇬🏴‍☠️5

I have extreme reservations about companies running under the justification of the CCP, but I'm way more unnerved by the weird cultists running Anthropic.

OκULTRA XP🧿, writer for The Economist4

at this point rrrreeeeealy fuck Anthropic

Tracy Yardley!
@yardleyart.bsky.social

This @openaibot.bsky.social data center will be less than 5 miles from my house. It’s immediately adjacent to 2 elementary schools. Requires the power output of 3 nuclear reactors. These projects have been stopped but no ever outlines exactly how! We need SPECIFICS #noai #datacenters #DataCenter

Map of Rincon, GA and surrounding area with plans for data center
43Yesterday
Roscoe Rubin-Rottenberg
@knotbin.com

nvidia, microsoft, openai, mozilla, meta and a ton of others signed a letter about how open weight models are good for a healthy & competitive ai ecosystem and they should not be banned by the us government. anthropic employees are reacting in totally normal and not at all weird ways.

Julian Schrittwieser @Mononofu • 13h S... I'm so excited that @JensenHuang is a believer in open source now, looking forward to the CUDA and GPU driver open source release! Jensen Huang @JensenHuang • Jul 24 For my first post, I'm sharing a letter @NVIDIA signed on why open models matter. Al will transform every industry, power every company, and be built by every country.... Julian Schrittwieser @Mononofu • 13h And @satyanadella coming out for open source too, can't wait for the open sourcing of Windows and MS Office! Satya Nadella @satyanadella • Jul 24 Open-weight models are essential to a healthy Al ecosystem. Together with others across our industry, we are outlining a path for open-weight models to strengthen American competitiveness and expand economic opportunity, while protecting national security. microsoft.com/en- us/corporat...
57Yesterday
真莉あ5

for a major AI lab i feel like your closed model being better than Kimi K3 isn’t like. an unreasonable ask

Wingofbenu1

man has a face only being shoved in a locker at lunchtime could love

Conor Sen
@conorsen.bsky.social

“The $250 billion guarantee would cover the data center lease and debt needed to fund its build out, but not the Nvidia chips that would go inside it. Nvidia, which has invested $30 billion in OpenAI, is also discussing a deal to finance the chip purchase for OpenAI, which could total $350 billion”

295h ago
Matt O'Keefe3

Paying a company’s bills so they can afford to buy your product… great sign.

Jay Vegas1

Ring chasing at its finest

I-Dog Capital1

Now we’re talking about real money. Nvidia probably expects future cash flows in the trillions to be able to afford all this.

Quoting this
Sasho Todorov11

Remains eternally hilarious that people dunk on Ed Zitron for lacking expert level familiarity with glup shittov algorithms, when Nvidia is having to put up colossal sums to try and keep the AI wheel churning.

April5

Swimmingly. In debt, they're going to be swimming in debt

Steve Herman
@newsguy.bsky.social

WSJ - Nvidia in talks to provide ~$250 billion backstop for OpenAI as part of a massive data center project in Ohio. www.wsj.com/tech/ai/nvidia-in...

145h ago
Quoting this
MB2

Ohio! What are you doing?!

Mt Pleasant 🇨🇦 🇩🇪2

www.pbs.org/newshour/sci... Oh good. Keep them open to hack their way into another business, again. They'll get to banks or nuclear launches, any minute. This useless shit is astonishing

Ted Underwood
@tedunderwood.com

Interesting. While CNBC says neither OpenAI nor Anthropic signed the letter supporting open weight models, the version I’m seeing posted (now) does have “OpenAI” as a signatory. images.nvidia.com/pdf/Open-Wei...

Alt text: A white slide displaying the logos of more than 30 technology and AI companies and organizations arranged in five rows. Visible logos include American Innovators Network, Andreessen Horowitz, Arcee, Arena, Black Forest Labs, Box, Cisco, Cohere, CrowdStrike, Dell Technologies, DoorDash, Emergence, Fireworks AI, GitHub, Hugging Face, IBM, The Linux Foundation, Mariana Minerals, Meta, Microsoft, Mistral, Mozilla, NVIDIA, OpenAI, Palantir, Palo Alto Networks, Perplexity, Reflection, Replit, ServiceNow, Telnyx, and Y Combinator. The slide appears to present a collection of partner, customer, sponsor, or member organizations.
20Yesterday
Ted Underwood6

Link to letter above; here’s the CNBC story. If that’s the logo I think it is, my interpretation would be “if you can’t beat them join them” www.cnbc.com/2026/07/24/n...

ai-nerd.bsky.social2

the lab with open literally in its name being the ambiguous signatory on the open-weights letter is a little too on the nose

Andrea Lathrop2

Google has also since signed, so I think Anthropic is now the only conspicuous holdout... x.com/sundarpichai...

Dave Sanders2

Yeah they signed yesterday eventually I think.

fry691

OpenAI seems to have a very flexible position on open (weight) models. From the past (2022) ->

Luke Kawa
@ljkawa.bsky.social

Nvidia in Talks With OpenAI to Guarantee $250 Billion Financing for Data Center www.wsj.com/tech/ai/nvid... <taps sign>

185h ago
Jim Kane
@kanejim.bsky.social

Ok, everybody make this circle thicker on your AI financing graphics www.wsj.com/tech/ai/nvid...

The $250 billion guarantee would cover the data center lease and debt needed to fund its build out, but not the Nvidia chips that would go inside it. Nvidia, which has invested $30 billion in OpenAI, is also discussing a deal to finance the chip purchase for OpenAI, which could total $350 billion, people familiar with those discussions said. Such circular funding arrangements have caused concerns that the industry is vulnerable if investor sentiment shifts or growth slows for AI companies.
85h ago
Lou Mannheim
@loumannheim87.bsky.social

OpenAI still is unprofitable. But just got a $250 billion loan to build a data center. Backstopped by Nvidia (who will sell chips into the data center.) ... What bubble?!

113h ago
Lou Mannheim3

I got some details wrong. SoftBank is building and owning the data center. They will lease it to OpenAI. Nvidia is backstopping the lease. (I guess having a lease in place gets SoftBank cheaper financing.)

The Wall Street Journal
@wsj.com

Project would be one of the largest AI computing hubs and involve power controlled by the U.S. government. www.wsj.com/tech/ai/nvid...

75h ago
Glyn Moody
@glynmoody.bsky.social

#AI giants just broke with OpenAI and Anthropic on #openweights - thenextweb.com/news/open-we... "Nvidia, Microsoft, Meta and 22 others signed an open letter urging Washington not to crack down on open-weight AI...biggest names missing, OpenAI, Anthropic and Google, are the closed-model leaders"

3Yesterday
Patricia Aas 🐢🏳️‍🌈
@patigallardo.bsky.social

11/ Interestingly, 25 companies (notably not including OpenAI and Anthropic) published a letter on Friday warning against «"premature restrictions" on open-weight AI models».

7Yesterday
maggie-lee.bsky.social
@maggie-lee.bsky.social

If you're on the Tik and/or Tok, so is The Current GA: Here's a guy from OpenAI in speaking in Effingham Co. Georgia. Editor @savmargaret.bsky.social asks if anything would derail the data center that would take enough electricity to power 2 million homes. #gapol www.tiktok.com/@thecurrentg...

4Yesterday
pchestek
@pchestek.fosstodon.org.ap.brid.gy

The AI industry singing an old song - open is better https://www.tomshardware.com/tech-industry/artificial-intelligence/nvidia-and-24-other-companies-sign-open-weights-letter-as-washington-weighs-chinese-ai-model-ban #OpenSource #OpenSourceAI

3Yesterday
city trees
@citytrees.bsky.social

hed: "AI project touted as 'Largest taxpayer in Effingham County history'" first graf: "Hundreds of protesters gathered outside… as OpenAI hosted an open house on Project Camellia, a proposed data center planned for Rincon." www.savannahnow.com/story/news/2...

3Yesterday
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wsj.comExclusive | Nvidia in Talks With OpenAI to Guarantee $250 Billion Financing for Data Center

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