Nvidia reportedly reduced the guarantee behind an OpenAI-linked Ohio data-center phase.
The Wall Street Journal reported on August 14 that Nvidia and OpenAI are close to a revamped Ohio data-center deal in which Nvidia's first-phase guarantee would fall below $120 billion, down from an earlier $250 billion guarantee concept, while OpenAI negotiates for up to 10 gigawatts of capacity and SB Energy develops the project.
Verified 12:05 AM PDT · 2 original sources
The evidence
What the reporting establishes
What happened
The Wall Street Journal reported on August 14 that Nvidia and OpenAI are close to a revamped Ohio data-center deal in which Nvidia's first-phase guarantee would fall below $120 billion, down from an earlier $250 billion guarantee concept, while OpenAI negotiates for up to 10 gigawatts of capacity and SB Energy develops the project.
Pressure point
The report is deal reporting, not a signed public financing document. A smaller guarantee may reduce Nvidia's balance-sheet exposure, but it also shows how hard it is to fund multi-gigawatt AI infrastructure without moving risk among chip suppliers, data-center developers, power backers, lenders and model companies.
What to watch
Whether the parties announce final terms; who carries lease, debt and power-supply risk; whether public subsidies or guarantees are involved; and whether the first five-gigawatt phase reaches binding financing before capacity promises outpace deliverable power.
Audit the story
Original sources
Company claims remain company claims. Follow the reporting and judge the evidence directly.
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