Nvidia reportedly weighs a $250B backstop for OpenAI's Ohio mega-datacenter
The Wall Street Journal reported on July 26 that Nvidia is in talks to backstop roughly $250 billion of OpenAI's lease on a 10-gigawatt datacenter campus in Piketon, Ohio, with up to $350 billion in separate chip financing also under discussion. Reuters said it could not immediately verify the report.
Why it mattersThese numbers dwarf most national infrastructure budgets. The AI race is turning into a capital race — and a chipmaker financing its own biggest customer raises circularity questions regulators are starting to notice.
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