Discussion of another big deal in the world of AI has intensified. According to the report, Nvidia is in talks to provide financing guarantee for OpenAI’s data center project worth about $ 250 billion (about Rs 24 lakh crore). If this agreement is reached, OpenAI will be able to gain more control over its AI infrastructure than before. At the same time, demand for its AI chips can be assured for Nvidia for many years to come.
250 billion dollar deal
According to the Wall Street Journal report, Nvidia is discussing giving financing guarantee of about $250 billion to OpenAI. This guarantee will be for a 10 gigawatt capacity data center project to be built in the southern part of Ohio, which is being developed by SoftBank’s energy unit. The report says that the total cost of this project, including the chips used in the data center, could be more than 500 billion dollars. However, no official comment has been made by Nvidia, OpenAI and the US Commerce Department on this matter.
Both OpenAI and Nvidia will benefit
According to the report, if this deal happens, it will be the first big step for OpenAI towards increasing control over its AI infrastructure. With this, the company will be able to develop its capabilities instead of relying on platforms like Microsoft, Amazon and Oracle. At the same time, this deal can prove helpful for Nvidia in maintaining the demand for its AI chips for many years. The report also says that the company is also discussing separate financing for OpenAI’s chip purchase of up to $350 billion.
The first phase may be completed by 2028
According to the report, the first phase of the data center project is expected to be completed by 2028, which will have a capacity of around 800 MW. It has been told that the electricity system for this project will be under the control of the US government, while under the recent trade agreement with Japan, funds related to the investment of $ 33 billion in the natural gas plant will also be used. The report also said that apart from OpenAI, Anthropic, Microsoft and Google have also talked to US Commerce Secretary Howard Latnick regarding this project in recent weeks. Amidst the increasing investment on AI infrastructure, this deal is considered to be one of the biggest initiatives of the technology industry.
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