Wedbush: Nvidia (NVDA.US) offering “backstop” support for OpenAI carries hidden risks, but it’s a long-term partnership worth betting on

According to reports earlier, NVIDIA (NVDA.US) is in discussions to provide OpenAI with up to $250 billion in credit guarantees to support the latter in leasing and building a super-large-scale artificial intelligence (AI) data center campus in Ohio. In response, Wedbush Securities stated in its latest report that although this move may bring additional risks to NVIDIA, overall it is a positive arrangement that strengthens the long-term strategic partnership between the two parties.