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Nvidia scales back financial guarantee to under $120 billion for OpenAI data center project

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The chipmaker cut its proposed backstop by more than half to ease investor jitters over its massive exposure to SoftBank's Ohio AI facility.

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Nvidia has chopped its proposed financial guarantee for OpenAI’s colossal Ohio data center from roughly $250 billion down to below $120 billion. The revised backstop is designed to cover lease payments and construction-related debt on a 10-gigawatt AI computing facility being developed by SoftBank’s SB Energy subsidiary in the Pike County area of Ohio. A prior agreement between Nvidia and OpenAI struck in 2025 had already outlined up to $100 billion in progressive investments tied to significantly scaled deployments. The planned data center is staggering by any measure.

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