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$250B. That is the size of the financing backstop Nvidia is reportedly in talks to provide OpenAI.
What the report actually describes:
> a 10GW data center project
> being developed by SoftBank
> located in Ohio
A backstop is not equity. Nvidia would guarantee the debt. If OpenAI can't pay, Nvidia is on the hook. The supplier is insuring the buyer's loans to buy from the supplier.