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White House Seeks Remote AI Chip Curbs: Report
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US Weighs Curbs on China’s Remote AI Chip Access
Alibaba and Tencent shares fell sharply after reports that the US Commerce Department is finalizing rules to block Chinese AI firms from remotely accessing advanced chips through overseas data centers. Alibaba dropped 5% in Hong Kong trading on Thursday, while Tencent slipped 1.5%. The Information first reported that the proposed measure targets a loophole that […]
Alibaba, Tencent shares fall on report U.S. weighs curbs on remote AI chip access
Investing.com -- Shares of Alibaba (HK:9988) and Tencent (HK:0700) fell on Thursday after The Information reported that the U.S. Commerce Department was preparing to finalise rules preventing Chinese AI companies from remotely accessing advanced chips through data centres located overseas. The…
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