Nvidia provides financial backing for OpenAI data center deal

GaryMarcus · x · 2026-08-18

Gary Marcus shared a report detailing one of the largest data center transactions in history between Nvidia and OpenAI. As part of the deal, Nvidia will be the exclusive hardware supplier for the site and secures favorable backstop terms. The move is interpreted as reflecting increasing concerns about OpenAI's financial health.

Related event: Nvidia Reportedly in Talks to Invest Up to $3B in SoftBank's SB Energy and Back $100B for OpenAI Data Center(7 posts)→

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