The US export restrictions on AI hardware in China has seen AI GPU prices at crazy prices, but the black market price of H100 AI GPUs is now falling.
BUSINESS
Elon Musk’s surprise China visit just made him billions
China has been a tricky market for Tesla.Credit … a key building block for Musk’s long-held vision of a truly autonomous driving future. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion.
Hong Kong Vies With US in Bitcoin ETF Market After Crypto’s Revival
A batch of exchange-traded funds investing directly in crypto will debut in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the …
Tesla Reaches Deals in China on Self-Driving Cars
Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.
How China and Russia are reportedly using ‘underground’ channels to get around sanctions
Chinese firms that trade with Russia are seeking alternatives to official finance channels, as the threat of US sanctions looms, Reuters reports.
C919 mega-purchase by China’s flagship airline lifts home-grown jet in competition with Boeing
New deal adds years of additional business for China’s state-owned manufacturer and may boost investments while further fuelling purchases of the narrowbody plane.
Tesla shares spike 12% as Elon Musk wins approval for full self-driving rollout in China
CEO Elon Musk secured approval to roll out “Full Self Driving” technology in China after a whirlwind weekend trip to the country.
The US economy is already in a recession, and it’s following the same path as China by becoming reliant on debt, veteran forecaster says
Rising layoffs and sluggish job growth are major signs the economy is already in a hard-landing, one top forecaster warns.
Ireland emerges from technical recession; Tesla shares jump 12% after Musk’s China trip – business live
Shares in Tesla have surged 12% at the start of trading in New York, recovering some of their recent losses. Investors appear to be pleased with Elon Musk’s weekend work in Beijing, where he secured…
Elon Musk comes out fighting as China throws Tesla a lifeline
Elon Musk’s weekend trip to Beijing resulted in a deal that brings the rollout of Tesla’s autonomous-driving technology in China one step closer.
Will China rise again as Australia’s number one wine-export market?
The China wine market is unlikely to boom again any time soon. However, we continue to see avid interest in imported wine” – Ian Ford, Nimbility.
Hong Kong spot crypto ETFs debut tomorrow: 6 things to know
As Hong Kong is set to launch spot Bitcoin and Ether ETFs tomorrow, it’s time to recap key things about the upcoming event.
Elon Musk wins official praise for Tesla during surprise visit to China
Elon Musk paid a surprise visit to China at the weekend as he bids to shore up Tesla sales and introduce the carmaker’s self-driving technology in its second biggest market in the face of ferocious…
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