Nvidia is reportedly in advanced talks to provide around $250 billion in financing guarantees for OpenAI to lease a massive data center in southern Ohio. The facility would boast a 10-gigawatt capacity, potentially making it the largest announced AI data center hub in the world. Separate chip purchases worth up to $350 billion would bring the overall project to over $500 billion. Analysts have flagged this arrangement as indicative of circular financing or bubble-like behavior, drawing explicit parallels to the dot-com era. Nvidia shares dipped approximately 5% following reports of these negotiations.
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