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19 August 2026

Nvidia funds OpenAI data center as chip competition intensifies

First reported

CNBC ran this on , a day before the other 2 sources picked it up.

  • Nvidia committed up to $105 billion to build a data center in Ohio for OpenAI, betting its cash reserves on long-term AI infrastructure demand.
  • The company partnered with major Wall Street firms to treat Nvidia chips as a tradeable asset class, enabling third-party financing for GPU purchases.

Where they differ

TLDR AI

The Algorithm

Reported by CNBC