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Nvidia and OpenAI discuss potential $250 billion debt backstop
Talks would enable OpenAI to raise debt for a data center campus in Pike County, Ohio, backed by Nvidia's credit.
CNBC Markets reports that Nvidia and OpenAI are in talks about a potential debt backstop of up to $250 billion to support OpenAI's AI infrastructure plans.
The proposed structure would allow OpenAI to raise debt for a data center campus in Pike County, Ohio, with Nvidia's credit serving as the backing, according to CNBC Markets.
CNBC World also describes the same talks and purpose, tying the backstop to financing for the planned data center campus.