Nvidia plans to drive $500 billion GPU financing and provide $105 billion in support to OpenAI project

Nvidia has reached an agreement with Goldman Sachs, Blackstone, Blackrock, and Apollo to drive up to $500 billion in GPU financing and provide up to $105 billion in support for OpenAI's Ohio data center project. Huang Renxun stated that the growth rate of many cutting-edge AI laboratories exceeds their balance sheets and long-term credit capabilities, and external capital is needed to support the construction of AI infrastructure. Nvidia plans to provide up to 25% support for related loans and continue to lay out the AI industry chain through equity investment.