Susana Schwartz
Nvidia delivers again, and OpenAI raises $110 billion
It’s another busy day in the world of AI infrastructure. Below in “top stories,” RCRTech goes in depth about Nvidia’s record financial results and significant, forward-looking AI advancements. With Q4 revenue reaching $68.1 billion, up 73% from a year ago, and total revenue for fiscal 2026 hitting $215.9 billion, a 65% increase, it was an impressive day; however, that was not reflected in Nvidia stock, which dropped more than 5%, perhaps because of profit-taking by investors after the stock’s massive run-up leading into the announcement, and repeated high expectations by analysts that perhaps make its performance less newsworthy. Also in the news is Nvidia partner OpenAI, whose historic $110 billion funding round today is backed by Amazon, Nvidia, and SoftBank. Amazon is the largest investor in this round, pledging $50 billion, with $15 billion provided upfront. An additional $35 billion will be tied to future “milestones.” The Amazon Web Services (AWS) component will be one of comprehensive infrastructure and distribution, valued at an additional $100 billion over the next 8 years. This is in addition to their $38 billion deal from November 2025. SoftBank’s $30 billion “follow-on” investment, through its Vision Fund 2, brings its total ownership in OpenAI to approximately 13% – a core part of CEO Masayoshi Son’s “Izanagi” strategy to challenge Nvidia and to pivot towards Artificial General Intelligence (AGI).
Susana Schwartz
Technology Editor
RCRTech
AI Infrastructure Top Stories
Nvidia again delivers: The big news (the only news, some might say) is that Nvidia, the world’s most valuable company, has delivered again – beating expectations on the top ($68.13 bn, up 20% quarter-on-quarter, 73% YoY).
Metro Connect 2026: The Trump administration’s “soft landing strategy,” R&D tax credits, and favorable antitrust environment are creating an “optimistic macro environment” for broadband, said Morgan Lewis’ Andrew Lipman at Metro Connect.
Frontier markets are key: JLL says 64% of the construction pipeline now concentrated in frontier markets, hyperscaler and AI-driven demand is increasingly targeting regions with available power and supportive regulatory environments.
AI Today: What You Need to Know
OpenAI breaks funding record: OpenAI’s $110 billion funding round drew $50 billion from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank, making it one of the largest in history. A large portion is exptected to be services, not cash.
atNorth acquired by Equinix, CPP: Equinix and the Canada Pension Plan Investment Board will acquire Nordic data center firm atNorth for $4.2 billion. CPP will own 60% of the company’s shares, and Equinix will take the other 40 percent.
Why Nvidia’s Q4 wasn’t enough?: Bloomberg examines why Nvidia’s better-than-expected $68.1 billion results for Q4, and current-quarter revenue above market estimates at $78 billion, did not excite investors this week, with shares falling 5.5%.
James Redstone joins SIA: The Semiconductor Industry Association announced James Redstone will be director of government affairs, working with Congress, the White House, and federal agencies to advance the industry’s policy priorities.
ASUS Solution for Vera Rubin: ASUS will provide the critical thermal management required for the next-generation NVIDIA Vera Rubin NVL72 system using its ASUS Optimized Liquid-Cooling Solutions to address thermal, power, density challenges.
