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  • Nvidia halves Ohio OpenAI backstop to under $120bn: Why it happened, and why it matters

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AI

8 sessions to watch at Metro Connect Fall x Datacloud USA 2026

17th Aug 2026

4 minutes

Metro Connect Fall returns to Austin from 1-3 September, co-located with Datacloud USA and the Investment and Finance Forum.

AI

Nvidia halves Ohio OpenAI backstop to under $120bn: Why it happened, and why it matters

17th Aug 2026

4 minutes

Nvidia has cut the financial guarantee underpinning OpenAI’s proposed Ohio data centre project from a discussed $250bn to less than $120bn, the Wall Street Journal reported on Friday, citing people familiar with the matter.

AI

Nebius to deploy AI capacity at Vantage’s Newport campus in first South Wales AI Growth Zone commitment

14th Aug 2026

3 minutes

Nebius has agreed to lease high-density, Nvidia-powered capacity at Vantage Data Centers’ CWL1 campus in Newport.

AI

Nvidia now agrees to rent back unused GPU capacity from neocloud operators if customer demand falls short

14th Aug 2026

5 minutes

Nvidia’s new GPU backstop model is unlocking neocloud debt financing, but it also makes Nvidia collateral, guarantor and customer all at once.

AI

Anthropic’s $2tn IPO is really a bet on owning data centres

13th Aug 2026

6 minutes

As the AI lab commits billions to purpose-built capacity, the shift from renting compute to owning infrastructure is putting colocation, financing and power markets under scrutiny.

AI Coreweave.png

CoreWeave’s debt hits $35bn: What it means for the neocloud refinancing wall

12th Aug 2026

4 minutes

CoreWeave’s Q2 results confirm the scale of the debt underpinning the GPU cloud sector, and sharpen a question due behind closed doors at next month’s Metro Connect Fall x Datacloud USA.

AI Nvidia_sign.png

Nvidia’s $500bn Wall Street pact turns AI chips into assets

11th Aug 2026

6 minutes

Nvidia’s $500bn AI infrastructure financing pact with Apollo, BlackRock and Blackstone turns GPUs into collateral for data centre build-outs.

AI Nvidia_sign.png

Why Nvidia is said to be becoming a power company: The $3bn Lancium stake

10th Aug 2026

2 minutes

Nvidia will invest up to $3 billion in Lancium, the Texas developer behind the Stargate campus in Abilene, according to reporting from The Information.

AI Vancouver, CANADA - Sep 3 2022 : Chinese social media video app TikTok and ByteDance icons on an iPhone.

ByteDance’s 10tn-parameter model takes aim at Anthropic

10th Aug 2026

6 minutes

ByteDance is training a 10-trillion-parameter AI model to rival Anthropic’s Mythos, a move with big implications for chips, capacity and future data centre deals.

AI

What is waterless cooling, and can data centres really eliminate their water use?

7th Aug 2026

4 minutes

As AI-driven data centre growth collides with community concern over water use, from Central Texas to Arizona, operators are racing to remove water from the cooling equation altogether. Here’s how they’re doing it, and where the limits lie.

AI

Zayo partners with Nvidia to expand long-haul fibre for AI factories

7th Aug 2026

2 minutes

Zayo is building more than 8,000 miles of new long-haul fibre across the US as part of a collaboration with Nvidia aimed at closing what the company describes as a widening gap between AI compute demand and available network capacity.

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