Nvidia is requiring full upfront payment from Chinese customers seeking its H200 chips, reports Reuters. This is reportedly in response to ongoing uncertainty over Beijing’s approval of the shipments, said two people briefed on the matter. The US chipmaker has imposed unusually stringent terms requiring full payment for orders with no options to cancel, ask for […]
Category: Tech, Media & Telecom
A sweeping crackdown on unauthorized drone use in China is shaking the consumer market, reports Caixin. Hobbyists are facing fines as drone makers are reporting a sharp decline in sales. On social media, users have been posting copies of administrative penalty notices issued by police for “illegal flights,” typically carrying fines between RMB 200-500 ($29-71). In […]
Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, reports Reuters, citing people familiar with the matter. The leadership is expected to mandate domestic artificial intelligence chip purchases. China’s directive to suspend orders was issued as the government considers whether, and under what conditions, to allow access to Nvidia’s […]
Hesai Group, the world’s largest maker of vehicle “lidar” sensors, has struck a partnership with US chip giant Nvidia to help develop an autonomous driving platform, reports the South China Morning Post. The move comes as the Shanghai-based firm pushes its global expansion. Hesai said that its light detection and ranging (lidar) sensors–which use laser beams […]
Shanghai has announced a slew of new investments worth RMB 70 billion ($10 billion) in hi-tech industries ranging from chips to artificial intelligence and aviation, reports the South China Morning Post. Shanghai is the latest Chinese city to unveil ambitious plans to boost local innovation amid an intensifying US-China tech race. The city’s Pudong district unveiled […]