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Apollo Wraps Up $35 Billion Debt to Buy AI Chips for Anthropic

The Apollo Global Management LLC office during an interview on an episode of Bloomberg Wealth with�David Rubenstein in New York, U.S., on Tuesday, April 5, 2022

Bloomberg Technology 4d ago

UK to Buy AI Chips From British Tech Firms, Telegraph Reports

Electrical testing on a silicon semiconductor wafer at the Newport Wafer Fab, owned by Nexperia Holding BV, in Newport, UK, on Thursday, Aug. 18, 2022. The UK government is deliberating whether to block a Chinese company from remaining the new owner of Newport Wafer Fab, exposing the political dilemma between supporting a key industry and keeping Beijing’s influence in check.

Bloomberg Technology 3d ago

Nvidia announces new AI chip for personal computers

Nvidia announces new AI chip for personal computers Nvidia has announced a new chip for PCs as it moves into the consumer market for devices integrated with AI technology. "This reinvention of the computer is as big of a deal as the reinvention of the phone into what we now know as the smartphone," Nvidia's chief executive Jensen Huang said as he unveiled the RTX Spark chip. Huang made the announcement on Monday as he delivered a keynote speech ahead of the opening of the Computex technology...

Hacker News 9d ago

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China

US takes step to halt Nvidia AI chip shipments to Chinese firms outside China The United States Department of Commerce on Sunday (May 31) moved to close a potential loophole that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Blackwell processors - to subsidiaries of Chinese companies located outside China. The unexpected guidance suggests that the US' best AI chips may have been making their way to the subsidiaries of Chinese artificial...

Channel News Asia 9d ago

US says ban on AI chip shipments applies to Chinese firms outside China

US says ban on AI chip shipments applies to Chinese firms outside China Department of Commerce issues guidance on chip restrictions amid concerns about loopholes in export control regime. The United States has issued a notice affirming its restrictions on shipments of semiconductors to subsidiaries of Chinese companies located outside China amid concerns about loopholes in Washington’s export control regime. The Department of Commerce said in the guidance issued on Sunday that its licensing...

Al Jazeera 9d ago

US tells companies to stop passage of Nvidia's Blackwell AI chips to China

The US Commerce Department quietly posted a notice on its website on Sunday that does something Washington has been dancing around for a year: it shuts a loophole that may have funnelled hundreds of thousands of Nvidia's most powerful AI chips to Chinese companies through their offices in countries like Malaysia. The Bureau of Industry and Security said export licence rules in place since 2023 also apply to subsidiaries of China-headquartered firms operating outside Chinese borders—a...

Times of India 5d ago

Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales

Nvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as Sen. Elizabeth Warren, D-Mass., sharpens her focus on the chipmaker's China sales, export controls and role at the center of the global AI boom. "Appearing as a witness will give you an opportunity to testify about NVIDIA's views on U.S. export control laws and regulations and NVIDIA's business in China," Warren wrote in a letter first obtained by CNBC. She asked Huang to confirm his...

CNBC 5d ago

Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.

Printed circuit boards sit underneath almost every chip, a necessity in nearly every electronic. They make up a quiet but crucial piece of the booming artificial intelligence market, and represent a growing problem for the U.S., because nearly all AI circuit boards, for Nvidia and others, are made in China. Circuit boards present all sorts of opportunities for adversaries to sneak through malicious components.

CNBC 6d ago

Japan’s stock market hits new record as AI boom gathers steam

Japan’s stock market hits new record as AI boom gathers steam Benchmark Nikkei 225 tops 68,000 for first time as AI-driven buying frenzy shows no signs of slowing down. Japan’s stock market has hit an all-time high as a global buying frenzy driven by AI shows no signs of slowing down. The Nikkei 225 rose nearly 3 percent on Wednesday, lifting the benchmark index above 68,000 for the first time.

Al Jazeera 7d ago