MoneyThe story, in brief
Investor pressure forces Nvidia to shrink its OpenAI bet just as Anthropic's numbers defy bubble warnings
$250B down to $120B. Nvidia just halved its OpenAI data-center guarantee after investor revolt—while Anthropic's revenue nearly tripled in one quarter.
The KeyNews take
Why it matters
Major shift in AI infrastructure financing: investor risk tolerance is shrinking even as some AI companies (Anthropic) are posting growth numbers that challenge the bubble narrative. This reshapes the financial case for the compute buildout.
The key facts
4 to knowNvidia cut OpenAI Ohio data-center guarantee from $250B to ~$120B
Investor pushback cited as reason for reduction
Anthropic Q revenue jumped from $4.7B to $11.5B (144% quarter-over-quarter growth)
Data suggests divergence: infrastructure financing retreating, but frontier lab revenues accelerating
Go to the source
The Decoderthe-decoder.com
Publisher excerpt: Nvidia has cut its guarantee for OpenAI's planned data center in Ohio nearly in half, from $250 billion to just under $120 billion, after investors pushed back on the risk. Meanwhile, Anthropic is complicating the AI bubble debate with revenue that jumped from $4.7 billion to $11.5 billion in a…