OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips
What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue?
Reported by 1 outlet — Fortune. See all sources ↓
What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue? Nvidia is guaranteeing up to $105 billion for OpenAI’s planned data center campus in Pike County, Ohio, coming in lower than the roughly $250 billion guarantee it was considering, according to reporting by the Wall Street Journal and CNBC. The deal moved through at least two known checkpoints before landing at its final size: the Journal reported August 14 that Nvidia had already cut the guarantee to “less than $120 billion,” before the companies settled on $105 billion when the partnership was signed Monday.
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- What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue?
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- 1 outlet, average source rating 6.0/10.
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OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips
Sources1TypeCoverageFortune