Nvidia Slashes OpenAI Data Center Guarantee by Half in $250 Billion Deal Restructuring, Signaling Risk Management Shift

Nvidia has restructured its financing deal with OpenAI for a massive Ohio data center campus, cutting its financial guarantee from $250 billion to under $120 billion. The move addresses investor concerns over the chipmaker's risk exposure as it uses its balance sheet to fuel AI chip demand. The revised agreement, potentially signed this weekend, now covers only the project's initial phase.

Read More

Ethena Transfers $81.97M USDC to FalconX in Suspected OTC Move

Blockchain data reveals Ethena transferred $81.97 million USDC from its Coinbase Prime wallet to FalconX. The movement is widely interpreted as a potential over-the-counter (OTC) transaction, though confirmation of a completed sale remains pending. This substantial transfer has drawn market attention to Ethena's capital movements.

Read More