Nvidia's half trillion dollar loan to OpenAI
Nvidia is reportedly negotiating a massive financial agreement to support OpenAI in a $500 billion data center development located in Ohio. The proposed deal involves a $250 billion financing guarantee to help the AI developer secure a lease for the 10-gigawatt facility, which is being constructed by a subsidiary of SoftBank. While the project aims to create one of the largest computing hubs in the world by 2028, experts express caution regarding the circular financing nature of the arrangement. This trend, where a hardware supplier funds its own customers' infrastructure, blurs traditional…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.