Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Nvidia’s Show of Financial Force Soothes Jittery Credit Markets
Technology

Nvidia’s Show of Financial Force Soothes Jittery Credit Markets

Bloomberg Markets Tuesday 11 August 2026, 20:38 UTC By Caleb Mutua and Layan Odeh 1 min read
Key Points

Nvidia Corp.’s commitments to backstop the artificial intelligence boom seemed to be swelling by the day. There was the reported $250 billion to help kickstart a massive data center for OpenAI in Ohio, the latest in a string of big financings it was involved with.

Nvidia Corp.’s commitments to backstop the artificial intelligence boom seemed to be swelling by the day. There was the reported $250 billion to help kickstart a massive data center for OpenAI in Ohio, the latest in a string of big financings it was involved with.
Nvidia (ORG) Show of Financial Force (ORG) OpenAI (LOCATION) Ohio (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

AI Is Solving CTF Challenges in Minutes

Something happened at BSidesSF 2026 that nobody saw coming. The top ten teams in the Capture The Flag competition didn't just use AI to help them solve challenges. They fully automated the entire process.

Hacker News 28m ago

Accel Raises $3.5 Billion to Invest in Emerging Global AI Startups

Accel, a global venture capital firm with offices in Silicon Valley, London and Bangalore, India, has raised $3.5 billion in new funds for early-stage investments across the world.

Bloomberg Technology 30m ago

Google to Add Three Subsea Cable Systems Across the Americas

Alphabet Inc.’s Google announced new cable links in the Americas on Tuesday, including one between Panama, the Dominican Republic and Chile, which is trying to establish itself as a regional digital hub.

Bloomberg Technology 31m ago

Government workers can officially waste time scrolling TikTok again

Government workers can officially waste time scrolling TikTok again The app was banned from government devices in 2022. Trump administration officials are now free to post and endlessly scroll TikTok, a new memo from the Office of Management and Budget (OMB) says. The memo is the latest move from the federal government formally undoing a 2022 law that banned the app from most government-issued devices, The OMB memo cites an earlier opinion from the Justice Department.

Engadget 39m ago