Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon, formally allowing the company to resume sales of a much sought-after component …
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China warns bankers not to flood IPO market with ‘low-quality’ companies
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Nvidia Boss Expects to Get First H20 China Export Licenses Soon
Jensen Huang lauds China’s AI models as Nvidia gears up to resume chip exports
Nvidia CEO Jensen Huang praised China’s AI models a day after the U.S. chipmaker said it expected to resume sales of a key product to China. “More than 1.5 million developers in China build on…
⚔️ U.S. and China locked in shadow spy war over secrets in silicon
In a dramatic escalation of what experts now call a full-blown “spy war,” the United States and China are rapidly intensifying their covert operations against each other. The recent arrest of a …
China Is Spending Billions to Become an A.I. Superpower
Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.
China’s Xpeng revises up 2025 planned hires to 8,000, founder says
Chinese electric vehicle maker Xpeng’s planned hires for this year have been revised up to 8,000 from 6,000, founder He Xiaopeng said in an internal speech.
White House AI czar says resuming Nvidia’s chip sales to China is all about capping Huawei’s growth
David Sacks said this would “deprive Huawei of basically having this giant market share in China.” …
New plants, US trade worries to drive China’s 2025 naphtha imports to record
China’s naphtha imports will hit record levels this year as new plants and caution over U.S. propane and ethane purchases will drive demand and support refiners’ margins for the petrochemical …
China Vanke Seeks to Extend Some Bank Loans by Up to 10 Years
China Vanke Co. is seeking to extend some of its domestic bank loans by as much as 10 years, according to people familiar with the matter, a move that could help the state-backed developer reduce…
Bank of England’s Bailey backs IMF to help fix problems in global economy
Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the buildup of risky imbalances in the world economy, many of them coming from…
Nvidia’s resumption of AI chips to China is part of rare earths talks, says US
WASHINGTON: Nvidia’s planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday (Jul 15), and comes days afte …
China Puts New Restrictions on E.V. Battery Manufacturing Technology
Beijing will now require government licenses for any effort to transfer abroad the technologies crucial for producing inexpensive electric cars.
Chinese AI Startup MiniMax Files for Hong Kong IPO, Sources Say
MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap …
Trump says he has deal on crypto bill after GOP hard-liners derailed measure earlier
A fter an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald …