Nvidia is scaling back its planned financial guarantee for a massive OpenAI data center in Ohio. The company reduced the commitment from a previously discussed $250 billion. The new guarantee totals less than $120 billion.
This revised backstop covers only the initial phase of the AI infrastructure project. The parties are reportedly close to finalizing the deal.
Nvidia reduced the commitment following investor concerns regarding potential risk exposure. This move responds directly to shareholder feedback and adjusts how the company uses its balance sheet for AI expansion.