AI Development
Nvidia and OpenAI in talks for $250 billion data centre financing
Editorial Analysis
Nvidia is in talks to provide a $250 billion financing backstop for OpenAI’s planned 10-gigawatt data centre complex in southern Ohio, developed with SoftBank. The project is projected to exceed $500 billion including chips, with a first phase of about 800 MW targeted for 2028. The arrangement would allow SoftBank to raise debt on more favourable terms and marks a major concentration of capital behind next-generation AI compute capacity.
At a Glance
Date
July 27, 2026
Importance
High
5/5
Category
Infrastructure
Axis of Change
Capital Concentration
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Models Affected
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