Overview

• Nvidia confirmed it will fund up to $100 billion for OpenAI progressively as each of 10 gigawatts of systems is delivered, with the first gigawatt targeted for the second half of 2026 on the Vera Rubin platform.
• Jefferies raised its Nvidia price target to $220, noting the OpenAI deployment does not overlap with existing plans at Oracle or Microsoft and characterizing the commitment as incremental demand.
• Shares set a fresh 52-week high and the company reached roughly a $4.5 trillion market value as investors priced in accelerating AI infrastructure spending.
• Nvidia unveiled open-source robotics tools including the Newton physics engine integrated into Isaac Lab and the Isaac GR00T N1.6 model to translate instructions into step-by-step robotic actions.
• Nvidia expanded its research footprint with a joint AI and robotics lab in the UAE with Abu Dhabi’s Technology Innovation Institute, as debate continues over vendor-financing risks and as growth moderates to 56% year over year.