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