Tech Brew Ride Home · Monday, July 27, 2026
Nvidia is reportedly in talks to provide a $250 billion backstop for OpenAI's participation in a massive 10-gigawatt data center project in Ohio, developed by SoftBank's energy subsidiary. The total project could exceed $500 billion, making it the largest data center project announced to date.
“So Nvidia making a big bet on Ilya, but sources also tell the journal that Nvidia is in talks to provide a $250 billion backstop for Open AI, as part of a 10-gigawatt data center project that SoftBank's energy subsidiary is building in Ohio.”
“That's one hell of a backstop.”
“The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's subsidiary is developing in Southern Ohio, people familiar with the matter said.”