OpenAI is negotiating with Nvidia for a $250 billion backstop to help finance a new 10 gigawatt AI data center campus in Pike County, Ohio. This backstop would allow OpenAI to raise debt based on Nvidia's credit to cover lease and construction costs, with the total project potentially exceeding $500 billion. The data center aims to support OpenAI's growing AI infrastructure needs amid intense competition from companies like Google and Amazon. Talks are ongoing and subject to change, with SoftBank and the U.S. Department of Energy also involved in the project development.
Nvidia and OpenAI are discussing a massive $500 billion investment to build a data center in southern Ohio, which would become the largest in the world by power capacity at 10 gigawatts. Nvidia may provide $250 billion to help OpenAI lease the site, ...
Nvidia announced the creation of the Open Secure AI Alliance, partnering with major tech firms including Microsoft and SpaceX to develop open-source safety and cybersecurity tools for artificial intelligence. This move follows concerns raised after O...
Safe Superintelligence (SSI), an AI lab founded by former OpenAI co-founder Ilya Sutskever, announced a long-term partnership with Nvidia that includes a multi-billion dollar investment and access to Nvidia's Vera Rubin GPU platform. This deal will s...
OpenAI CEO Sam Altman will meet with senior US officials and lawmakers in Washington, D.C. to showcase upcoming AI models and discuss cybersecurity issues following a recent AI-related cyber incident. The visit comes amid a heated debate over restric...
Nvidia is reportedly negotiating to provide a $250 billion financial guarantee to support OpenAI's planned 10-gigawatt data center campus in Ohio, which could cost over $500 billion in total. This guarantee would help OpenAI secure lease and construc...
