Key Takeaways
- OpenAI has significantly expanded its commitment to CoreWeave, with total payments now reaching up to $15.9 billion by October 2030 for AI infrastructure, including a recent $4 billion expansion deal.
- China has a history of imposing and reviewing anti-dumping duties on Indian optical fiber imports, with measures extended in 2020 following an expiry review.
OpenAI's strategic partnership with CoreWeave is rapidly expanding, with the artificial intelligence powerhouse committing to pay the cloud infrastructure provider up to $11.9 billion by October 2030, according to an SEC filing. This substantial deal, initially announced in March 2025, is for dedicated compute capacity to support OpenAI's model training and services.
Further underscoring the escalating demand for AI compute, CoreWeave recently announced a $4 billion expansion deal with OpenAI, bringing the total committed payments to $15.9 billion. This additional agreement highlights CoreWeave's growing role as a critical provider of high-performance computing resources for leading AI labs. As part of the initial agreement, OpenAI also became an investor in CoreWeave through a $350 million stock issuance. CoreWeave, which reported strong second-quarter 2025 results, continues to rapidly scale its purpose-built AI infrastructure to meet unprecedented demand.
In international trade news, China has historically maintained a close watch on imports of optical fiber from India. In August 2020, China's Ministry of Commerce extended anti-dumping tariffs on single-mode optical fibers originating from India for another five years, following a final review investigation. This decision, which saw tariffs ranging between 7.4 percent and 30.6 percent depending on the specific Indian manufacturers, aimed to prevent continued dumping and potential damage to China's domestic industry. The Ministry of Commerce has previously initiated expiry review investigations on these anti-dumping measures.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.