Nvidia and OpenAI in talks for up to $250 billion dollar backstop to fund AI infrastructure plans
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Nvidia and OpenAI are in talks over a potential financial backstop worth up to two hundred fifty billion dollars, CNBC reports. The arrangement would allow OpenAI to borrow money for a data center campus in Pike County, Ohio, using Nvidia's credit as backing.
Source: https://www.cnbc.com/2026/07/27/nvidia-and-openai-in-talk...
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