Nvidia signed leases worth up to $50 billion for Hut 8's 1-gigawatt Beacon Point data center in Texas, marking a major shift into AI

For OpenAI, the deal would be the first step towards controlling its own infrastructure instead of renting it. Read more at straitstimes.com. Read more at straitstimes.com.

Nvidia is in talks to provide a roughly $250 billion financing for OpenAI as part of a massive data centre project, The Wall Street Journal reported