Nvidia plans to provide $250 billion in financing guarantees for Open AI to promote the construction of large-scale computing centers in the United States
NVIDIA is in contact with OpenAI and plans to provide the latter with a financing guarantee of approximately US$250 billion to support OpenAI's lease of a large data center project in Ohio, USA. The project is sponsored by Japan Developed by the group's energy subsidiary, the overall investment scale is expected to exceed US$500 billion, and it may become one of the world's largest computing infrastructures upon completion. According to the negotiation plan, the US$250 billion guarantee provided by Nvidia will mainly be used to cover the leasing costs of data center facilities and the debt financing required for its construction. In addition, the two parties are still discussing a chip purchase financing agreement worth approximately US$350 billion. Industry insiders pointed out that since OpenAI, as an unlisted start-up, has not yet obtained an investment-grade credit rating, Nvidia's endorsement will significantly reduce its financing costs. The computing power park has a planned total power supply capacity of 10 GW, and the first phase of the 800 MW project is expected to be completed in 2028. Reports show that the project is located at the site of an abandoned uranium enrichment facility south of Columbus, Ohio, and occupies US federal land. As part of the U.S.-Japan related trade agreement, Japan has committed to invest $33 billion in natural gas power generation projects operated by SoftBank-controlled SB Energy. The U.S. Department of Commerce and other government departments are involved in the distribution and coordination of relevant power, aiming to accelerate the layout of key industrial areas through direct cooperation between the government and the private sector. Currently, including Anthropic, A number of technology companies, including China Electric, have also expressed intentions to cooperate on related power resources. Analysts believe that as the demand for computing power and electricity from large artificial intelligence models around the world surges, it has become a trend for large technology companies to use their own balance sheets to provide credit guarantees for start-ups. However, this type of ring financing model has also raised market concerns about industry concentration risks and potential credit risks.