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#backstop — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #backstop, aggregated by home.social.

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  1. #Nvidia in talks with #OpenAI to guarantee $250 billion financing for data center

    source: finance.yahoo.com/technology/a…

    The #backstop from Nvidia would help the #ChatGPT maker lease a 10-gigawatt project that ‌#SoftBank's subsidiary SB #Energy is developing in southern #Ohio, the newspaper said, citing people familiar with the matter.

    To put this in perspective: OpenAI can’t get a bank loan for the construction project because it’s far too #risky. That’s why Nvidia has to act as a guarantor so that OpenAI can build it and purchase equipment from Nvidia. There’s probably never been a worse #bubble in the financial sector.

    #bank #news #technology #finance #money #project #datacenter #usa #economy #business #future #problem #AI #software #electricity #America #risk

  2. Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
    atlas.whatip.xyz/post.php?slug
    <p>Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital
    #catastrophe #wildfires #backstop #record

  3. #OpenAI is in talks with #Nvidia for a potential $250 billion #backstop to fund a #10gigawatt #datacentre campus in #Ohio. The backstop would allow OpenAI to raise debt for the project, which is estimated to cost over $500 billion. This move comes as OpenAI seeks to secure computing power to meet future demand for its AI models and services. cnbc.com/2026/07/27/nvidia-and #AIagent #AI #ML #NLP #LLM #GenAI

  4. Coordinated #CentralBank action to enhance provision of US #dollar #liquidity. #BankofCanada, #BankofEngland #BOE t#BankofJapan, #EuropeanCentral Bank, t#FederalReserve, and #SwissNationalBank announce coordinated action to enhance provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. These central banks is a set of available standing facilities & serve as an important #liquidity #backstop to ease strains in #GlobalFunding markets federalreserve.gov/newsevents/