[NVIDIA Plans to Provide $250 Billion Financial Guarantee for OpenAI Data Center Project] According to a report by Jinse Finance on July 27, as cited by The Wall Street Journal, NVIDIA (NVDA.O) is in negotiations to provide approximately $250 billion in financial guarantees to support a massive data center project for OpenAI—one of the largest financial transactions in the U.S. artificial intelligence boom. Sources familiar with the matter revealed that NVIDIA's guarantee will assist OpenAI in leasing a 10-gigawatt (GW) data center project being developed by SoftBank in southern Ohio. The total cost of the project, including the chips deployed within the data center, could exceed $500 billion, making it the largest data center project announced to date. The project's electricity supply is controlled by the U.S. government and is separately funded by Japan under a recent trade agreement. U.S. Commerce Secretary Gina Raimondo was involved in the decision-making process for power allocation. Under the arrangement, NVIDIA will provide guarantees for a series of financing instruments to bolster lenders' confidence in the security of the project's funding. The terms have not yet been finalized, and the deal could still fall through. The $250 billion guarantee will cover the debt required for leasing and constructing the data center but will not include NVIDIA's chips within the project. (Jin10)