Financial terms
Multiple disclosed amounts
Amounts describe different obligations and are not additive. A commitment is not cash drawn; a commercial contract is not a guarantee. Unstated terms remain unknown.
01
The parties
Legal entities and vehicles are shown separately. A role does not establish the amount funded or the scope of recourse.
02
What supports the financing?
Purpose, assets, contracts and credit support are different things. Only explicitly recorded terms appear here.
Assets & purpose
Not separately recorded — check the source evidence
Collateral & secured status
Not separately recorded — check the source evidence
Repayment & offtake
Not separately recorded — check the source evidence
Recourse & guarantees
- USD 105,000,000,000guarantor NVIDIA CORP; supported obligor an affiliate of OpenAI Group PBC (OpenAI); creditor/lessor affiliates of SB Energy Corp. (SB Energy); signed in August 2026 (month-only in source); guarantees become effective with applicable lease commencement and payment obligations are triggered upon tenant defaults; cap stated as a total; not drawn exposure | Normalization: Aggregate contingent exposure, not cash paid or a funded loan. Unnamed legal affiliates remain unresolved; no parent substituted for obligor or beneficiary. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown
- USD 105,000,000,000guarantor NVIDIA; supported obligor/tenant OpenAI; contingent payment obligation under the Agreements; subject to specified conditions including ready-for-service conditions; initial commitment; creditor/lessor not named; date is announcement date | Normalization: The August 17 initial-commitment cap is the same NVIDIA PORTS guarantee instrument already represented by the exact existing record; retain named OpenAI as supported-obligor context in the raw evidence, but do not substitute it as a borrower without a primary-source legal-obligor definition or invent a lender, lessor, parent, or affiliate participant. | Source fact date (role not promoted to effective date): 2026-08-17
03
Terms, with the evidence
Separate observations, not an additive total. Disclosure dates, observation dates and effective periods retain their original meaning.
Economic status
contract.economic_statusguarantee_entered_subject_to_conditions
guarantor NVIDIA CORP; guarantee entered into with SB Energy; leases at the PORTS Technology Campus; may expose NVIDIA CORP to substantial obligations over extended periods; supported obligor and creditor roles not specified in passage; no amount stated | Normalization: Repeated PORTS-specific risk disclosure retained as status, not another monetary obligation. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown
- Disclosed
- 26 Aug 2026
- Observed as of
- Not disclosed
- Effective from
- Not disclosed
- Effective to
- Not disclosed
We have entered into guarantees with SB Energy relating to leases at the PORTS Technology Campus that may expose us to substantial obligations over extended periods.
edgartools-evidence-v2/bundle:165
Coverage limit
support.coverage_limitUSD 105,000,000,000
guarantor NVIDIA CORP; supported obligor an affiliate of OpenAI Group PBC (OpenAI); creditor/lessor affiliates of SB Energy Corp. (SB Energy); signed in August 2026 (month-only in source); guarantees become effective with applicable lease commencement and payment obligations are triggered upon tenant defaults; cap stated as a total; not drawn exposure | Normalization: Aggregate contingent exposure, not cash paid or a funded loan. Unnamed legal affiliates remain unresolved; no parent substituted for obligor or beneficiary. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown
Record total — not a per-participant allocation
- Disclosed
- 26 Aug 2026
- Observed as of
- Not disclosed
- Effective from
- Not disclosed
- Effective to
- Not disclosed
guarantees, capped at a total of $105 billion, to provide credit support
edgartools-evidence-v2/bundle:89
Coverage limit
support.coverage_limitUSD 105,000,000,000
guarantor NVIDIA; supported obligor/tenant OpenAI; contingent payment obligation under the Agreements; subject to specified conditions including ready-for-service conditions; initial commitment; creditor/lessor not named; date is announcement date | Normalization: The August 17 initial-commitment cap is the same NVIDIA PORTS guarantee instrument already represented by the exact existing record; retain named OpenAI as supported-obligor context in the raw evidence, but do not substitute it as a borrower without a primary-source legal-obligor definition or invent a lender, lessor, parent, or affiliate participant. | Source fact date (role not promoted to effective date): 2026-08-17
Record total — not a per-participant allocation
- Disclosed
- 17 Aug 2026
- Observed as of
- Not disclosed
- Effective from
- Not disclosed
- Effective to
- Not disclosed
NVIDIA’s aggregate payment obligation is cumulatively capped at $105 billion for its initial commitment under the Agreements.
edgartools-evidence-v2/bundle:3