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Nvidia will launch a cheaper AI chip for China in June, Reuters reports. The new GPU, based on Blackwell architecture and the RTX Pro 6000D design, is expected to cost $6,500 to $8,000—less than the $10,000 to $12,000 H20 model. Three people familiar with the plan said the chip avoids advanced packaging from TSMC and uses standard GDDR7 memory, making it easier to produce. The move is a response to U.S. export rules that limit the sale of high-end chips to China.

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Oracle is investing around $40 billion in Nvidia chips for a new OpenAI data center in Abilene, Texas, reports the Financial Times. The first "Stargate" project will use about 400,000 Nvidia GB200 chips and is expected to deliver 1.2 gigawatts of power, ranking among the world's largest AI data centers. Oracle will rent the computing power to OpenAI. The facility is owned by investment firm Blue Owl Capital and data center startup Crusoe, which raised $15 billion in funding. Operations are set to begin in mid-2026. Stargate itself is not financially involved. OpenAI also plans a similar project in Abu Dhabi with other partners.

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