Development

A chipmaker is in talks to backstop $250 billion for a ten-gigawatt site

development2026-07-29

Claim

Nvidia invested in Safe Superintelligence and is in talks to backstop $250 billion for OpenAI's ten-gigawatt Ohio site, while Meta and BlackRock committed $14 billion to a gigawatt in El Paso and AMD locked up 500 megawatts.

Reported metric: $250B / 10 GW

Reporting date: 2026-07-29 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

Welcome to July 29, 2026 (theinnermostloop.substack.com)

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Reported in

Welcome to July 29, 2026

Actor

Evidence for

Supersedes

US tech sheds 140,000 jobs as hyperscalers commit $725 billion

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Citation formatCitation text

A chipmaker is in talks to backstop $250 billion for a ten-gigawatt site
Innermost Loop KB — secondary record
Reporting date: 2026-07-29
KB permalink: https://nicholsn.github.io/innermost-loop-kb/developments/2026-07-29-two-hundred-fifty-billion-backstopped-for-ten-gigawatts
Claim: Nvidia invested in Safe Superintelligence and is in talks to backstop $250 billion for OpenAI's ten-gigawatt Ohio site, while Meta and BlackRock committed $14 billion to a gigawatt in El Paso and AMD locked up 500 megawatts.
Attributed sources:
- Welcome to July 29, 2026 — https://theinnermostloop.substack.com/p/welcome-to-july-29-2026
This citation does not imply independent verification of linked-source claims.

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