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 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…