Key facts
- Nvidia has reduced its financial guarantee for an OpenAI data center.
- The guarantee was lowered from $250 billion to under $120 billion.
- The reduction aims to address investor concerns about project risks.
- Nvidia is in talks to invest up to $3 billion in SB Energy.
- SB Energy is developing the planned Ohio data center.
Nvidia has reportedly decreased its financial guarantee for an OpenAI data center project from an initial $250 billion to an amount under $120 billion. This significant reduction in commitment is reportedly aimed at addressing concerns raised by investors about the considerable risks inherent in the large-scale data center initiative. In parallel with these adjustments, Nvidia is engaged in negotiations to invest up to $3 billion in SB Energy. SB Energy is the developer responsible for the planned data center facility located in Ohio. The scale of the original commitment had raised questions among potential investors regarding its feasibility and associated risks.