AIBRIEF
The revised commitment covers only the first ~5 GW of SoftBank's 10 gigawatt Ohio campus; a separate $350B GPU financing track is still being negotiated.
Nvidia has cut the size of the infrastructure financing it may guarantee for OpenAI's Ohio data-center build from a framework of up to $250 billion to less than $120 billion, according to people familiar with the matter reported by the WSJ and confirmed by Reuters.
The revised commitment is a phase-one cap. It covers only the first ~5 gigawatts of a 10-gigawatt campus in Pike County. The remaining five gigawatts are to be financed later, or not at all. The 10-gigawatt scope was first laid out in CNBC's July 27 report and corroborated by Tom's Hardware.
The cut leaves the chip supply leg untouched. A separate GPU financing arrangement of as much as $350 billion is still being negotiated alongside the backstop, and the deal could be signed as soon as the 8/15–8/16 weekend, per WSJ's 8/14 framing. Investors had pushed back after Nvidia shares fell roughly 5% on the original $250B framework disclosure.
The source supports the size and shape of the cut. The motive is still open.