Gina Raimondo

Following some heated statements from the US Commerce Secretary, Gina Raimondo, NVIDIA's CEO has said that they are working with the US to make sure that their latest AI chips are fully compliant with the newest regulation policies.

AI roundup: The US and Britain have joined hands to tackle the risks and challenges posed by artificial intelligence (AI). The two nations will closely work together to bring AI safety to the upcoming generations of technology. In other news, DeepTech Startup SatSure plans to revamp agricultural finance by leveraging technology such as AI. This will allow industries to improve decision-making. All this, and more in our AI roundup today, April 2.

According to a Wall Street Journal report, US President Joe Biden will soon announce subsidies top semiconductor companies like Samsung, Intel, TSMC (Taiwan Semiconductor Manufacturing Co) and others to make advanced chips in the US. The strategy is to keep the US and its allies as ahead of fierce rivals like China as is possible. 

Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.

Nvidia's penchant for redesigning its GPUs to get around US export restrictions has seemingly been directly called out by the US Commerce Secretary, with a warning that when such redesigns are created «I'm going to control it the very next day.»

US Commerce Secretary believes they need to adopt "more strict" implementations to thwart AI chips sales & semiconductor development in China.

Semiconductor Manufacturing International Corp. warned that a hoped-for smartphone market recovery is another year out, and that geopolitical tensions are fomenting a serious glut in global chipmaking capacity.

With the announcement of "harsher" export restrictions on NVIDIA's AI-based GPUs in China, the US Government has opted for immediate implementation, portraying the importance of the new trade policy.

The US Department of Commerce has announced new export restrictions on a range of Nvidia GPUs, with the focus primarily on preventing shipments to China. Predictably, the list of chips acquiring export-contraband status include Nvidia AI-optimized hardware. But a gaming GPU has made the list for the first time, too. Yup, no more GeForce RTX 4090 cards for China.

The White House is tightening US rules that block AI chip sales to China in an attempt to close loopholes the country has been using to secure the technology.

The US government is soon to begin awarding up to $52 billion in subsidies for domestic semiconductor manufacturing. The funding is a part of the CHIPS and Science Act that President Joe Biden signed into law in August 2022. But before the funds are given, the US Commerce Department is introducing rules to ensure beneficiaries of the funding don't spend it elsewhere, and it particularly doesn't want it feeding back to China.

The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has triggered an international guessing game over what is inside it.

The surprise launch of a sophisticated $900-plus Huawei Technologies Co. smartphone has captivated China's technology industry, inspiring hopes that the country's biggest firms can overcome US sanctions seemingly designed to thwart their ascendancy.

Witnessing the AI boom, every big company is investing heavily in the technology and new developments are being revealed at a rapid pace. Intel recently announced its plans to incorporate AI into every product they build, while TSMC has launched a new R&D center for manufacturing microchips, as AI demands surge. All this, and more in our roundup of the 5 big things in AI that you may have missed today.

In a scathing letter sent to key federal agencies, Senator Ron Wyden called for multiple investigations of Microsoft Corp. over a breach of US officials' email accounts by China-linked hackers. 

Tech industry leaders such as NVIDIA & Intel are now lobbying with the US government in an attempt to ease the intensity of trade sanctions and curbs placed on China.