Monday, 27 July, 2026
Financial Supercharging: Nvidia Backs OpenAI’s Massive AI Expansion
By TechShots Studio
Nvidia is in talks to provide a massive $250 billion financial guarantee to back OpenAI’s lease for a proposed 10-gigawatt SoftBank data center campus in Ohio. Functioning as a credit backstop, the deal helps the non-investment-grade startup secure debt financing. Total project costs could top $500 billion, marking a monumental shift in how tech titans fund AI infrastructure.
Read full story at CIO ECONOMIC TIMES