Close Menu

Financial Times - Chinese tech giants in race for $5bn of Nvidia chips to drive AI ambitions

Summary of the front page

The Financial Times says China’s internet giants are rushing to acquire high-performance chips vital for building generative artificial intelligence systems, making orders worth $5bn in a buying frenzy fuelled by fears of new US export controls.

The paper says the tech firms are rushing to acquire Nvidia chips following a series of measures unveiled by the Biden administration designed to limit Chinese access to advanced technology.

Today's top stories

Like this article?

Leave a comment

Advertisment
Save 70% on VIP subscription
News Briefings - the way to a better life
News Briefings - the way to a better life
Advert by Sponsors
More from WTX News
The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
The latest gaming news