NVIDIA has quietly reduced the scale of its guarantee for OpenAI’s data centers, lowering it from $250 billion to under $120 billion.

NVIDIA and OpenAI are nearing the signing of a financing agreement for a data center in Ohio, but NVIDIA’s financial guarantee has been reduced from $250 billion to less than $120 billion, covering only approximately 5 gigawatts of computing capacity for the project’s first phase. The adjustment stems directly from investor concerns regarding NVIDIA’s risk exposure, following a 5% single-day drop in its stock price after the initial $250 billion guarantee plan was disclosed. The agreement could be signed as early as this weekend.

wallstreetcn12:08

Bernie Sanders Says 'We Want Human Beings to Be Able to Control AI,' Demands Pause Amid Fears of Catastrophic Risks

Sen. Bernie Sanders (I-Vt.) urged AI companies to pause development, warning that increasingly autonomous systems could pose catastrophic risks if humans lose control.Sanders Calls for AI PauseOn

Benzinga11:48

Behind the AI Debt Frenzy: $70 Billion in Off-Balance-Sheet Hidden Liabilities Spark Concern Among Bond Investors

As NVIDIA announced a $500 billion AI financing partnership, concerns in the bond market regarding approximately $70 billion of off-balance-sheet debt held by AI companies have intensified. This structure allows chip giants such as NVIDIA and Broadcom to underwrite customer debt without recording the liabilities on their own balance sheets. Multiple institutions have warned that this represents pro-cyclical financial engineering, which could trigger concentrated risks once the industry enters a downturn.

wallstreetcn09:51

Micron Stock Stages Cautious Recovery as Key Metrics Point to More Upside

Micron (NASDAQ:MU) stock has staged a cautious recovery in the last two weeks, moving from a low of $737 to $971, mirroring the performance of other top memory companies. This recovery may continue

Benzinga05:21

EXCLUSIVE: Ross Gerber Says SPCX Valuation Reflects the 'Elon Premium,' But Remains Skeptical of Musk's Timelines: 'I Don't Trust...'

Elon Musk-led Space Exploration Technologies Corp's (NASDAQ:SPCX) blockbuster IPO back in June was one of the most anticipated events of the year on Wall Street. Amid massive valuations and bullish

BenzingaAug 15 22:31

Notable Tech Headlines for the Week: Super Micro, Intel, Workday in Focus

Seeking AlphaAug 15 22:10