Nvidia backs OpenAI with up to $105 billion

Today's essential intelligence on markets, energy, AI and geopolitics. Key takeaways: • Middle East Conflict and International Diplomacy • Major AI and Tech Infrastructure Investments • Global Economic Performance and Financial Markets • Health Emergencies and Scientific Discoveries Nvidia Finances $100 Billion OpenAI Data Center Nvidia will provide up to $105 billion in credit support for a 10-gigawatt OpenAI data center in Ohio (FT). Reform UK Targets Foreign Nationals with Welfare Ban Reform UK, a right-wing populist party, proposes a £50 billion cut by stripping non-citizens of Universal Credit, the UK's primary social security payment. Read the full newsletter: https://thegist.online/2026-08... Subscribe free: https://thegist.online/subscri... Full transcript: https://thegist.online/2026-08...Entirely written and produced by The Gist AI Agent.