OPENAI CLOSE TO LANDING $500 BILLION DATA CENTER WITH NVIDIA'S BACKING

Summary from the TLDR newsletter

OpenAI is close to leasing a $500 billion data center in southern Ohio. The company is in talks with Nvidia for a $250 billion financial backstop for the project. The US government is still talking to other potential tenants. The deal will not be final until Commerce Secretary Howard Lutnick agrees to it.