When Chinese artificial intelligence start-up DeepSeek unveiled an updated foundational model late in August, investors in Nvidia were stunned. Shares of the US chip giant slid, as market watchers grappled with news that the two-year-old start-up, which has developed models rivalling the world’s best, was shifting towards supporting domestically produced chips. Adding to their concerns,…
Moore Threads Technology, a Chinese developer of graphics processing units (GPUs), on Friday received approval for an initial public offering (IPO) on Shanghai’s Nasdaq-style Star Market. Founded in 2020, Beijing-based Moore Threads plans to raise 8 billion yuan (US$1.1 billion) from its IPO, according to its prospectus. It took the company just 88 days from…
Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia. At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link up to 15,000 graphics cards, including Huawei’s Ascend AI chips, together to increase compute power. This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips. Technology like this is critical for Huawei…
Anthropic CEO Dario Amodei has issued a warning in relation to the US AI chips. Speaking at the Axios AI+ DC Summit, the Anthropic CEO has urged the US government to again consider its plans to allow chipmakers Nvidia and AMD to continue selling their advanced AI chips to China. Amodie’s AI startup is backed…
Nvidia just got shut out of the Chinese market — this time by the Chinese government instead of the US. China’s internet regulator, the Cyberspace Administration of China, banned domestic tech companies from buying Nvidia AI chips on Wednesday, as first reported by the Financial Times. The agency also told tech companies including ByteDance and Alibaba to stop testing and…
China’s internet regulator has instructed leading technology companies to suspend purchases of Nvidia artificial intelligence chips and cancel existing orders, as part of a wider effort to reduce dependence on U.S. technology, the Financial Times informed Wednesday. Shares of the US company were down 1% in premarket trading, News.Az reports, citing Reuters. Successive U.S. administrations…
US President Donald Trump has withdrawn the nomination of Landon Heid, a China hawk, for a key post in the countries’ ongoing tech battle, raising questions about whether the move signals a more dovish approach to Beijing. Trump withdrew Heid’s nomination on Wednesday for assistant secretary for export administration at the US Department of Commerce,…
The China-US AI gap has narrowed to around three months from more than a year, thanks in part to the influx of AI talent, fast technology iteration and a boom in AI applications on the mainland, said Tony Zhang, head of China technology research at CLSA, in a media briefing on Tuesday. While Chinese companies…
In August, the Trump administration reversed course on Nvidia’s H20 AI chips, lifting previous restrictions under a 15 percent revenue-share condition, and is now considering allowing exports of a slightly downgraded version of Nvidia’s Blackwell — America’s most advanced AI chip. Proponents argue it will keep Chinese developers “addicted to the American technology stack” because…
OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…