
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.