Nvidia could reportedly backstop $250B loan for new OpenAI data center campus
is reportedly in talks to backstop a $250 billion loan for OpenAI Group PBC. The Wall Street Journal on Sunday cited sources as saying that the financing would cover the cost of a new data center campus in Ohio. According to CNBC, the site is expected to provide 10 gigabytes of computing capacity.
Key Takeaways
- SiliconANGLE UPDATED 16:06 EDT / JULY 27 2026 AI Nvidia could reportedly backstop $250B loan for new OpenAI data center campus by Maria Deutscher Nvidia Corp.
That's equal to the power consumption of about eight million homes.
- The size of the prospective deal hints that the campus will host multiple data centers.
's Hyperion campus in Louisiana, which is set to provide half the computing capacity of SB Energy's Ohio site, is expected to host up to 11 buildings.
- Nvidia will ship it as part of a 72-accelerator rack called the Rubin Ultra NVL576.
According to the company, the system will provide 15 exaflops of performance when processing data in the NVFP4 format.
- The density boost will be made possible by the introduction of switches with co-packaged optics technology.
CPO hardware makes it possible to link the GPUs in a rack without chips called transceivers that are usually needed for the task.
- 15M+ viewers of theCUBE videos , powering conversations across AI, cloud, cybersecurity and more 11.
Stats & Key Facts
- #is reportedly in talks to backstop a $250 billion loan for OpenAI Group PBC.
- #is reportedly in talks to backstop a $250 billion loan for OpenAI Group PBC.
- #, a SoftBank Group PBC unit that raised $500 million in funding from OpenAI last year.
- #According to CNBC, the $250 billion loan that Nvidia is in talks to backstop would only cover OpenAI's lease and certain construction costs.
SiliconANGLE UPDATED 16:06 EDT / JULY 27 2026 AI Nvidia could reportedly backstop $250B loan for new OpenAI data center campus by Maria Deutscher Nvidia Corp. is reportedly in talks to backstop a $250 billion loan for OpenAI Group PBC. The Wall Street Journal on Sunday cited sources as saying that the financing would cover the cost of a new data center campus in Ohio.
According to CNBC , the site is expected to provide 10 gigabytes of computing capacity. That's equal to the power consumption of about eight million homes. The campus is reportedly being developed by SB Energy Inc.
, a SoftBank Group PBC unit that raised $500 million in funding from OpenAI last year. It builds not only data centers but also energy infrastructure such as battery storage facilities. In 2024, SB Energy constructed a 900-megawatt solar park near Austin for a Google LLC data center.
For more details please read the original article at SiliconANGLE AI.
Continue Learning
Comments
Sign in to join the conversation