Nvidia could invest $250bn in OpenAI's 10Gw Ohio data center — but costs could balloon to $500bn

• Nvidia reprotedly weighing up $250 billion in financing for OpenAI's giant Ohio AI data center
• Total project costs could surpass $500 billion after infrastructure and hardware investments
• OpenAI seeks greater control over computing infrastructure through dedicated Ohio facilities

Nvidia is reportedly negotiating financing guarantees worth roughly $250 billion for a massive OpenAI data center project.

Reporting from The Wall Street Journal claims the financing would help OpenAI secure a lease for the proposed 10-gigawatt facility in southern Ohio.

The site is being developed by SB Energy, a subsidiary of SoftBank, under a separate infrastructure arrangement.

Financing plan could support one of the world's biggest AI facilities

The guarantee would cover the data center lease and debt financing, though it would exclude the Nvidia chips housed inside the facility.

Nvidia is separately discussing financing arrangements for OpenAI's chip purchases, which could total up to $350 billion.

The combined costs for the...

Copyright of this story solely belongs to techradar.com. To see the full text click HERE