$250B. That is the financing Nvidia is reportedly in talks to guarantee for OpenAI's data centers.


What that actually means:
> Nvidia sells OpenAI the GPUs
> Nvidia guarantees the loans OpenAI takes to pay for those GPUs
> The revenue and the risk both trace back to one balance sheet
For scale, $250B is larger than the market cap of most public companies on earth. It is being staked on demand that has not been booked yet.
NVDA-3.32%
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