June 9 (Reuters) - OpenAI is in talks to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include financial backing from Nvidia, The Information reported on Tuesday,

OpenAI's Sam Altman outlines AI's third phase, focusing on abundance, safety, and global collaboration as the company plans an IPO.

As Sam Altman ’s OpenAI moves closer to an IPO, another one of his ventures is scaling back. On Monday, Tools for Humanity, the eyeball-scanning company Altman co-founded in 2019, announced layoffs. New “priorities” were cited as the primary reason for the workforce reduction.

SoftBank Group Corp.’s talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, people familiar with the matter said, just weeks after the Japanese conglomerate cut its initial target from $10 billion.

‘We expect it to leak so we’re just announcing it,’ OpenAI said on Monday.

Sam Altman wants to gift some of his firm to a wary ​US public. A recent ​reshuffle left $222 bln of shares in ⁠a non-profit arm separate from ​investors, a tempting pot to tap. ​Handing it to the White House would ease an AI backlash.

These IPOs are bringing a lot of capital into the crypto sector via a brand new route that could have a beneficial spillover effect.

Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever.