- Entry
- —
- Now
- $215.38
- Target
- —
- Score
- —
# Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports >[Nvidia](https://finance.yahoo.com/quote/NVDA/) has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday, .... The Journal said Nvidia and OpenAI are nearing an agreement, with the chipmaker expected **to provide a financial backstop only for the first phase of the …
— ORIGINAL POST ·
NVIDIA (NVDA) steps on the brake with AI spending, cuts in half AI guarantee commitment to OpenAI!
· r/WallStreetbetsELITE
· Aug 16, 2026