Chinese technology companies – Charm

Amazon, Meta, Google and Microsoft’s ‘AI problem’ reaches China as two biggest Chinese technology companies lose $66 billion in less than a day |

5 months ago05 mins

FILE (AP Photo/Mark Schiefelbein, File) It seems investors’ anxiety about the rise in capital expenditure of companies to fuel their artificial intelligence (AI) infrastructure and strategy has reached China as well. In the past few months, some of America’s biggest technology companies including Amazon, Meta, Google and Microsoft have seen billions wiped out from their…

Nvidia on CEO Jensen Huang setting conditions for Chinese companies for H200 chips; says: We have …

7 months ago03 mins

Nvidia has denied a report which claimed that the American chipmaker has imposed certain payment terms on Chinese customers for its advanced H200 AI chips. The report, published by the news agency Reuters, suggested that Nvidia was demanding these “upfront payments” to protect itself from uncertainty on H200 chip sales in China. However, Nvidia says…

China bans foreign AI chips from state-funded data centres

Cs news10 months ago09 mins

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters. In recent weeks, Chinese regulatory authorities have ordered such data centres that are less than 30% complete to remove all installed foreign chips,…

US imposes new restrictions on Chinese technology companies, angry China says: Would take …

Cs news11 months ago05 mins

The Trump Administration has intensified its crackdown on Chinese technology companies, expanding export restrictions to include subsidiaries of companies already on the US Department of Commerce’s entity list. The move, aimed at closing a significant loophole in existing sanctions, has sparked sharp criticism from Beijing as tensions in the US-China technology race continue to mount….

China tech cos ramp up M&A deals with blessing of Beijing

Cs news1 year ago02 mins

After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on the front foot, making deals and snapping up assets. At the top of the pile are Alibaba Group and Tencent , two huge players that used to…