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.
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