Nvidia and OpenAI are nearing a deal, with Nvidia scaling back its financial guarantee to cover only the project's first phase due to investor concerns over risk exposure.
NVIDIA caps Ohio data center backing at <$120B from $250B; OpenAI lacks binding lease for 10GW site. Surfaces investor concern over AI infrastructure capex concentration and OpenAI's cash burn—$852B valuation, unprofitable—reshaping enterprise AI infrastructure decisions.
NVIDIA to initially guarantee less than $120 billion
Aug 15, 2026
10:07 am
What's the storyNVIDIA has revised its financial backing plans for the proposed OpenAI data center in Ohio.
The chipmaker is now expected to initially guarantee less than $120 billion, a significant drop from the previously discussed amount of $250 billion, reported The Wall Street Journal.
Aug 14 : Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially…
According to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop…
Nvidia cut its financial guarantee for OpenAI's Ohio data center from $250 billion to under $120 billion, easing investor…
Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee…
Aug 14 : Nvidia has downsized plans for a $250 billion guarantee for an OpenAI data center, the Wall Street Journal reported on…
Nvidia is reportedly in talks to guarantee up to $250 billion for OpenAI's lease at a planned $500 billion Ohio data center.
