Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips
Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that SoftBank’s energy subsidiary is developing. The reason such a guarantee is needed is straightforward: OpenAI […] This story continues at The Next Web
Record details
Published: 27 July 2026
Source: The Next Web AI
Category: News
Topics: Environment
Retrieved: 28 July 2026
Related evidence
These records share source-supplied organisations, an exact publisher byline, automatic topics or regions. The reason is shown on every link; related does not mean supporting, agreeing with or verifying this record.
Nvidia could reportedly backstop $250B loan for new OpenAI data center campus
SiliconANGLE AI · 27 July 2026
Nvidia and OpenAI in talks for up to $250 billion backstop to fund AI infrastructure plans
CNBC Technology · 27 July 2026
Jim Cramer warns AI's circular financing frenzy echoes the dot-com bubble
CNBC Technology · 27 July 2026
OpenAI Close to Landing $500 Billion Data Center With Backing From Nvidia
The New York Times · 28 July 2026
Where Nvidia is going, it doesn’t need cables
Fast Company Tech · 24 July 2026
Investor pressure forces Nvidia to shrink its OpenAI bet just as Anthropic's numbers defy bubble warnings
The Decoder · 15 August 2026
How to cite this record
ethics.ai (27 July 2026), “Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips,” evidence record 13923, https://ethics.ai/record/13923 (originally published by The Next Web AI).
Use and limitations
This page is a stable index and citation surface for a source record. ethics.ai did not author the underlying report and has not independently verified every claim. Automatic topics may be imperfect. For consequential use, quote and cite the original publisher.