{
  "id": 937185,
  "title": "Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJ",
  "url": "https://urgent.news/2026/08/15/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-centre-wsj",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-15T02:00:33.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/nvidia-scales-back-funding-guarantee-for-ohio-openai-data-centre-wsj/articleshow/133253982.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Nvidia has reduced its funding guarantee for the proposed OpenAI data center project in Ohio, now expecting to provide less than $120 billion initially, according to the Wall Street Journal. This is a significant decrease from the previously discussed $250 billion commitment. The chipmaker is expected to provide financial backing only for the first phase of the project, with a deal potentially being signed this weekend. The reduction in funding comes after investors expressed concerns about Nvidia's risk exposure due to large financing commitments. The project, being developed by SB Energy, a subsidiary of SoftBank, would be the largest data center announced if completed. OpenAI is still discussing a binding lease for the full 10-gigawatt project, which would advance the company's goal of owning AI infrastructure, despite the company's ongoing profitability challenges.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}