{
 "rows": [
  {
   "counterparty": "OpenAI Ohio campus (SB Energy PORTS)",
   "amount_bn": 105,
   "qualifier": "up to",
   "type": "Guarantee or backstop",
   "date": "2026-08-17",
   "status": "Signed. Nvidia pays only if OpenAI defaults on 20-year leases.",
   "source": "Nvidia 10-Q",
   "url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm"
  },
  {
   "counterparty": "OpenAI 10 GW partnership",
   "amount_bn": 100,
   "qualifier": "up to",
   "type": "Lapsed letter of intent",
   "date": "2025-09-22",
   "status": "Never binding; replaced by the $30B stake.",
   "source": "Nvidia IR",
   "url": "https://investor.nvidia.com/news/press-release-details/2025/OpenAI-and-NVIDIA-Announce-Strategic-Partnership-to-Deploy-10-Gigawatts-of-NVIDIA-Systems/"
  },
  {
   "counterparty": "Unnamed AI clouds: capacity buybacks",
   "amount_bn": 36,
   "qualifier": "",
   "type": "Capacity purchase or buyback",
   "date": "2026-07-26",
   "status": "Per 10-Q; may include deals named here.",
   "source": "Nvidia 10-Q",
   "url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm"
  },
  {
   "counterparty": "OpenAI equity",
   "amount_bn": 30,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-02-27",
   "status": "Announced in OpenAI's $110B round.",
   "source": "CNBC",
   "url": "https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html"
  },
  {
   "counterparty": "Unnamed clouds: multi-year cloud services",
   "amount_bn": 29,
   "qualifier": "",
   "type": "Capacity purchase or buyback",
   "date": "2026-07-26",
   "status": "Per 10-Q; Nvidia rents back compute for R&D.",
   "source": "Nvidia 10-Q",
   "url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm"
  },
  {
   "counterparty": "Anthropic equity pledge",
   "amount_bn": 10,
   "qualifier": "up to",
   "type": "Equity investment",
   "date": "2025-11-18",
   "status": "Amount actually paid in is undisclosed.",
   "source": "CNBC",
   "url": "https://www.cnbc.com/2025/11/18/anthropic-ai-azure-microsoft-nvidia.html"
  },
  {
   "counterparty": "Anthropic IPO private placement",
   "amount_bn": 10,
   "qualifier": "about",
   "type": "Equity investment",
   "date": "2026-11-10",
   "status": "Only if the IPO closes; pricing expected 18 Nov.",
   "source": "SEC",
   "url": "https://www.sec.gov/Archives/edgar/data/0002130357/000162828026072953/anthropicpbc-fwpauswrapcap.htm"
  },
  {
   "counterparty": "CoreWeave unsold capacity",
   "amount_bn": 6.3,
   "qualifier": "up to",
   "type": "Capacity purchase or buyback",
   "date": "2025-09-16",
   "status": "Active through April 2032.",
   "source": "RCR Wireless",
   "url": "https://rcrwireless.com/20250916/ai-infrastructure/nvidia-cloud"
  },
  {
   "counterparty": "Poolside software license",
   "amount_bn": 6,
   "qualifier": "",
   "type": "License",
   "date": "2026-08-21",
   "status": "Announced with a $1B equity stake.",
   "source": "PYMNTS",
   "url": "https://www.pymnts.com/news/artificial-intelligence/2026/nvidia-pays-6-billion-to-license-poolside-ai-model-development-software/"
  },
  {
   "counterparty": "Nscale / Anthropic West Virginia campus",
   "amount_bn": 5,
   "qualifier": "over",
   "type": "Talks or non-binding",
   "date": "2026-10-29",
   "status": "Talks only; nothing signed reported.",
   "source": "Bloomberg",
   "url": "https://www.bloomberg.com/news/articles/2026-10-29/nvidia-in-talks-to-offer-credit-support-for-nscale-project"
  },
  {
   "counterparty": "Safe Superintelligence",
   "amount_bn": 5,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-07-27",
   "status": "Reported by Bloomberg; not disclosed by the companies.",
   "source": "Semafor",
   "url": "https://www.semafor.com/article/07/29/2026/nvidias-frothy-bet-on-safe-superintelligence"
  },
  {
   "counterparty": "Unnamed AI clouds: lease guarantees",
   "amount_bn": 3.5,
   "qualifier": "up to",
   "type": "Guarantee or backstop",
   "date": "2026-07-26",
   "status": "Land, power and shell leases; $712M in escrow.",
   "source": "Nvidia 10-Q",
   "url": "https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000075/nvda-20260726.htm"
  },
  {
   "counterparty": "CoreWeave equity",
   "amount_bn": 2,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-01-26",
   "status": "Bought at $87.20 a share.",
   "source": "Futuriom",
   "url": "https://www.futuriom.com/articles/news/nvidia-tops-coreweave-stake-with-2-billion/2026/01"
  },
  {
   "counterparty": "xAI GPU vehicle (now SpaceX)",
   "amount_bn": 2,
   "qualifier": "up to",
   "type": "Equity investment",
   "date": "2025-10",
   "status": "Equity in a $20B vehicle that buys Nvidia GPUs.",
   "source": "TipRanks",
   "url": "https://www.tipranks.com/news/nvidia-to-invest-2b-in-musks-xai-20b-funding-round"
  },
  {
   "counterparty": "Nebius",
   "amount_bn": 2,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-03",
   "status": "Reported.",
   "source": "The Next Web",
   "url": "https://thenextweb.com/news/nvidia-40bn-ai-equity-investments-2026"
  },
  {
   "counterparty": "Lambda server leaseback",
   "amount_bn": 1.5,
   "qualifier": "about",
   "type": "Capacity purchase or buyback",
   "date": "2025-09",
   "status": "Nvidia rents back its own GPUs over 4 years.",
   "source": "Tom's Hardware",
   "url": "https://www.tomshardware.com/tech-industry/artificial-intelligence/nvidia-signs-usd1-5-billion-deal-with-cloud-startup-lambda-to-rent-back-its-own-ai-chips-18-000-gpus-will-be-leased-over-4-years-as-lambda-gears-up-for-its-ipo"
  },
  {
   "counterparty": "SB Energy equity",
   "amount_bn": 1.5,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-08-17",
   "status": "Alongside the Ohio guarantee.",
   "source": "Data Center Knowledge",
   "url": "https://www.datacenterknowledge.com/data-center-construction/nvidia-backs-openai-s-ohio-data-center-buildout-with-105b-guarantee"
  },
  {
   "counterparty": "Poolside equity",
   "amount_bn": 1,
   "qualifier": "",
   "type": "Equity investment",
   "date": "2026-08-21",
   "status": "At a $12B pre-money valuation.",
   "source": "PYMNTS",
   "url": "https://www.pymnts.com/news/artificial-intelligence/2026/nvidia-pays-6-billion-to-license-poolside-ai-model-development-software/"
  }
 ],
 "meta": [
  {
   "label": "Compiled",
   "value": "2026-11-12"
  },
  {
   "label": "Note",
   "value": "Headline commitment amounts in US$ billions. Many are 'up to' figures or contingent; they are not cash spent and are not additive."
  }
 ]
}