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Nvidia plans to provide approximately $100 billion in financing support for OpenAI's AI data center in Ohio

Source: www.theinformation.com Event types: Online/Update Financing/Fundraising
Odaily News According to sources familiar with the matter, Nvidia will provide approximately $100 billion in credit financing support for a hyperscale AI data center campus leased by OpenAI. The data center project, located in Ohio, USA, is one of the largest planned AI infrastructure projects globally. The financing support from Nvidia will help OpenAI complete the first phase of the project, which is expected to last about two years and cover roughly half of the entire project's construction scale.Sources indicate that this financial support may not only be used for data center construction financing but could also partially go toward purchasing Nvidia AI chips. (The Information)

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