Exclusive: US launches review of advanced Nvidia AI chip sales to China, sources say
... AI chips, five sources said, making good on his ... The Reuters Daily Briefing newsletter provides all the news you need to start your day.
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China’s Sugon unveils new AI infrastructure to rival platforms from Nvidia and Huawei
Chinese supercomputer maker Sugon has launched an advanced artificial intelligence infrastructure for data centres that is expected to rival similar high-performance platforms from Nvidia and Huawei Technologies.
Beijing-based Sugon, listed in Shanghai as Dawning Information Industry, on Thursday unveiled its scaleX platform at an event in Kunshan, a city in eastern Jiangsu province. The company claimed that it was China’s first 10,000-card AI supercluster, designed to deliver in excess of 5...
US launches review of Nvidia’s H200 chip sales to China: sources
US President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s H200 chips, five sources said, making good on his pledge to allow the controversial sales.
Trump this month said he would allow sales of Nvidia’s H200 chips to China, with the US government collecting a 25 per cent fee, and that the sales would help keep US firms ahead by cutting demand for Chinese-developed chips.
The move drew fire from China hawks across the US...
Nvidia and Alphabet VC arms back vibe coding startup Lovable at $6.6 billion valuation
The announcement confirms details reported by CNBC on Tuesday.
MetaX and Moore Threads' IPOs underscore Chinese chipmakers' growing challenge to Nvidia
New entrants like MetaX and Moore Threads join tech giants Huawei, Baidu and Alibaba in rushing to produce Nvidia alternatives.
Nvidia Settles Trade Secrets Case Over Engineer Who Stole Data
Nvidia Corp. settled a lawsuit involving a former engineer who had inadvertently revealed autonomous driving trade secrets that he stole from a previous employer.
AI Chip Startup Mythic Raises $125 Million in Bid to Take on Nvidia
Chip startup Mythic Inc. has raised $125 million in a new funding round, money that will help support its attempt to challenge Nvidia Corp. in the lucrative market for artificial intelligence processors.
UK Inflation Drops, OpenAI in Talks to Raise $10B From Amazon | The Opening Trade 12/17
UK inflation slipped to its lowest level in eight months, a bigger-than-expected drop that traders saw as all but sealing an interest-rate cut at the Bank of England on Thursday.
OpenAI is in initial discussions to raise at least $10 billion from Amazon and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Lizzy Burden. (Source: Bloomberg)
Nvidia bulks up open source offerings with an acquisition and new open AI models
Auble is the current CEO of SchedMD. Terms of the deal weren't disclosed. Nvidia declined to comment on the news beyond the company's blog post.
Nvidia buys AI software provider SchedMD to expand open-source AI push | Reuters
Nvidia shares were up 1.35% after the news and an earlier announcement of new open-source AI models. SchedMD provides software that helps schedule...
Nvidia unveils new open-source AI models amid boom in Chinese offerings | Reuters
... AI labs proliferate ... The Reuters Daily Briefing newsletter provides all the news you need to start your day.
Trump admin to hire 1,000 specialists for 'Tech Force' to build AI, finance projects
A slew of tech giants, including Amazon Web Services, Apple, Google Public Sector, Dell Technologies, Microsoft, Nvidia and OpenAI, are listed as partners.
The Logic of the AI Stack
Financing Jensen's CakeNvidia's Jensen Huang has offered a clean, orderly way to think about the AI economy. At a recent conference, he described the industry as a "five-layer cake." At the bottom, you have Energy. Then comes Chips, Infrastructure, AI Models, and finally,
Why Nvidia’s H200 is unlikely to derail chip ambitions of China’s Huawei, Moore Threads
The US approval for Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power rather than pose a direct threat to domestic chips, even though the US chip is more powerful than rivals from Huawei Technologies and Moore Threads, according to analysts.
With a total processing performance (TPP) of 15,832, the H200 has surpassed all AI chips made by domestic vendors on the market so far as well as Nvidia’s H20, which was previously the most advanced...
Ignoring AI bubble fears, investors bet Nvidia and Google will fuel Taiwan stocks to record
... artificial intelligence. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. While foreign money...
Broadcom Slides as AI Backlog, Margins Scrutinized
Broadcom, a chip company vying with Nvidia for AI computing revenue, suffered the worst stock decline in 10 months after its sales outlook for the market failed to meet investors’ lofty expectations. Karl Ackerman, managing director of semiconductors and networking hardware at BNP Paribas, joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech." (Source: Bloomberg)
China Is ‘Rejecting’ Nvidia’s H200 Chips, Outfoxing US Strategy, Sacks Says
China has figured out the US strategy for allowing it to buy Nvidia Corp.’s H200 and is rejecting the AI chip in favor of domestically developed semiconductors, White House AI czar David Sacks said, citing news reports.
Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia
Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
The Stock Rally Is Broadening as AI Fever Cools Off - Bloomberg.com
Broadcom shares are dropping 5.1% in premarket trading after the chip company vying with Nvidia for AI ... Breaking News Alerts for the biggest stories...
AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
AI-related names have made losses since Oracle's mixed results on Wednesday.
‘China’s little Nvidia’ Moore Threads warns of overheating risks after 723% share surge
A more than eight-fold surge in the share price of Chinese graphics processing unit (GPU) maker Moore Threads Technology has prompted the newly listed company to warn investors that the gains may have run ahead of fundamentals.
The Beijing-based chipmaker said in a statement to the Shanghai Stock Exchange on Friday that its shares could face the risk of declines after the rapid rally. There was no catalyst that needed to be disclosed and no material change in the company’s fundamentals, it...
Oracle shares tank 11%, dragging down Nvidia, CoreWeave, Micron
Investors have questioned Oracle's AI infrastructure plans and colossal amount of debt.
Trump 'sells out' U.S. national security with Nvidia chip sales to China, Sen. Warren says
Nvidia CEO Jensen Huang "understands that ... being able to cozy up to Donald Trump might be the most important corporate CEO skill of all," Sen. Warren said.
Nvidia addresses report that China's DeepSeek is using Blackwell chips - CNBC
Read more CNBC tech news ... Nvidia has been one of the biggest winners of the AI boom so far because it develops the graphics processing units, or GPUs...
Oracle shares tank 15%, dragging down Nvidia, AMD, CoreWeave
Investors have questioned Oracle's AI infrastructure plans and colossal amount of debt.
Oracle shares plummet 13% in premarket, dragging down AI stocks
Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
China's DeepSeek Uses Banned Nvidia Chips for AI Model, Report Says - Bloomberg.com
Chinese artificial intelligence startup DeepSeek has relied on Nvidia Corp. chips that are banned in the country to develop an upcoming AI model,...
Nvidia’s new software could help trace where its AI chips end up
Nvidia’s latest opt-in software may reveal where its GPUs are operating, a capability that aligns with Washington’s drive to better track restricted chips.
