OpenAI to Deploy NVIDIA Infrastructure by 2030, Groq Raises $350M, and More

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OpenAI plans to scale up deployment of NVIDIA’s computing infrastructure by 2030, according to on-chain news from MetaEra. NVIDIA will invest $1.5 billion in SB Energy, a SoftBank subsidiary, which will lease data centers to OpenAI for 20 years. Groq, an AI chip company, raised $350 million in a funding round led by Disruptive, with participation from NVIDIA. Morgan Stanley warned that open-source models offering high cost-efficiency could affect token prices and cloud provider profits. Inflation data remains a key driver of market sentiment.
ME AI Message: Here’s a roundup of key market news ahead of U.S. trading: 1. Major U.S. index futures show mixed movement: Dow Jones futures fell 0.35%, S&P 500 futures rose 0.02%, and Nasdaq 100 futures gained 0.28%. 2. OpenAI has committed to large-scale deployment of NVIDIA’s computing infrastructure by 2030. 3. NVIDIA will invest $1.5 billion in SB Energy, a subsidiary of SoftBank, which will enter into a 20-year data center leasing agreement with OpenAI. 4. U.S. storage stocks rose pre-market: Kioxia ADR surged over 17%, while SK Hynix and SanDisk each climbed more than 3%. 5. U.S. AI chip company Groq has completed a $350 million funding round at a $3.5 billion valuation. The round was led by Dallas-based investment firm Disruptive, with NVIDIA participating. 6. OpenAI has undergone five major organizational restructuring efforts this year; frequent executive turnover has intensified internal instability. According to individuals familiar with its plans, OpenAI’s originally planned IPO for this year is now likely to be delayed until next year. 7. Global family offices have collectively invested $3.8 billion in SpaceX, with the heir to the Hyatt hotel fortune allocating $1.8 billion—just weeks after SpaceX’s public listing. 8. Google has hired banks to prepare for its first Australian dollar bond issuance, considering tranches of 3-year, 5-year, 10-year, and 20-year maturities, aiming to raise approximately A$5 billion (about $3.6 billion USD). 9. Trump reiterated that Iran must not acquire nuclear weapons and confirmed the existence of secret communication channels with officials from Iran’s Islamic Revolutionary Guard Corps. 10. Bitcoin mining company HIVE Digital has signed a five-year, $350 million AI cloud computing contract, accelerating its transition into GPU cloud services. 11. Morgan Stanley stated that the entry of cost-effective open-source models is driving continuous downward pressure on token prices, pushing AI services toward “commoditization.” This could lead to cloud tenant failures and eroded profits for cloud providers. (Source: BlockBeats)
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