According to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for the first phase of the project. A deal could be signed as early as this weekend, the report said. The change were made after investors raised concerns about Nvidia's risk exposure tied to large financing commitments.

Nvidia cut its financial guarantee for OpenAI's Ohio data center from $250 billion to under $120 billion, easing investor concerns over balance

Aug 14 : Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than $120 billion, down from the…