bubble boi
Jensen slanging that balance sheet around like an absolute alpha. Although I am critical of Nvidi...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Nvidia ($NVDA) is in talks to provide up to $250 billion in financing for an OpenAI data center project in Ohio, which could exceed $500 billion in total costs. Additionally, Nvidia is discussing financing up to $350 billion in chip purchases for OpenAI. This infrastructure expansion aims to reduce OpenAI's reliance on Microsoft, Amazon, and Oracle as infrastructure spending is projected to reach roughly $750 billion through 2030, with the first phase of the Ohio project expected to come online in 2028.

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head of risk @thru_xyz.