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BlockBeats News, June 12th. According to market sources, OpenAI CEO Sam Altman has canceled his planned trip to Abu Dhabi. Insiders familiar with the matter revealed that he was supposed to meet with executives from Mubadala, G42, MGX, and the Abu Dhabi National Oil Company, as OpenAI prepares to make its debut on the public market. The cancellation comes amid escalating regional tensions related to the Iran conflict. The reason for the change is unclear, and OpenAI has declined to comment on the matter. ---------------------------------Click the original text link below to join the BlockBeats · Feishu AI News Channel, where we provide 24/7 monitoring of global AI trends and news.

On June 12, Berenberg analysts stated in a report that it seems reasonable for the Bank of England to be less willing to raise interest rates compared to European central banks. They noted that the UK labor market is weaker than that of the Eurozone, and the services sector is no longer significantly driving inflation as it once did. Berenberg's analysts added that, prior to the energy shock, interest rates were more restrictive, and fiscal conditions remain tighter. They mentioned that after a strong start to the year, the country is currently facing a slowdown in economic activity due to the impact of the war in Iran. The first quarter has already appeared weaker than it seems due to a 'statistical illusion' caused by changes in seasonal spending patterns since the pandemic. Berenberg's analysts stated, 'We expect stagnation this summer, with quarterly GDP growth rates of zero for the second and third quarters.'

On June 12, Australian AI cloud service provider Sharon AI (SHAZ.O) surged 21% in pre-market trading after announcing a six-year power agreement with NVIDIA. According to the agreement, NVIDIA and Sharon AI will collaborate to build a new 72-megawatt data center in Australia. The two parties will utilize NVIDIA's DSX AI factory architecture and deploy a total of 40,000 Grace Blackwell GB300 GPUs to meet the growing demands of AI startups, large enterprises, and academic research institutions. Under this cooperation model, Sharon AI can scale up NVIDIA's infrastructure and achieve a balance of interests through revenue sharing and credit support mechanisms. Sharon AI will launch cloud services based on NVIDIA technology, and in addition to regular product revenue, NVIDIA will also receive a share of the revenue from the corresponding cloud services. 'This strategic partnership with NVIDIA for computing power is an important milestone for Sharon AI in building a self-controlled, ultra-large-scale AI computing infrastructure. The establishment of the 72-megawatt data center allows us to deploy an additional 40,000 Grace Blackwell GB300 GPUs, providing high-performance accelerated computing power for various enterprises, startups, and native AI companies, solving their previous challenges in acquiring computing power.'