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How Chinese AI companies can hold their ground amid US crackdown
This article briefly:
· Chinese artificial intelligence companies are exploring domestic alternatives to Nvidia to increase resilience amid U.S. chip restrictions.
·A Guangzhou government-backed investor committed $280 million to Shanghai Biren Intelligent Technology Co., Ltd.
· Chinese companies Baidu and Tencent have stockpiled enough Nvidia chips to stay afloat despite U.S. restrictions.
As the United States plans to restrict exports of artificial intelligence chips to China, a Chinese artificial intelligence chip company has received an investment commitment of US$280 million.
Chip restrictions and other sanctions on Chinese artificial intelligence companies are seen as a huge blow to the development of artificial intelligence in various countries. However, these companies have begun to look for alternatives to increase their ability to withstand the crackdown.
· Chinese artificial intelligence companies are exploring domestic alternatives to Nvidia to increase resilience amid U.S. chip restrictions.
·A Guangzhou government-backed investor committed $280 million to Shanghai Biren Intelligent Technology Co., Ltd.
· Chinese companies Baidu and Tencent have stockpiled enough Nvidia chips to stay afloat despite U.S. restrictions.
As the United States plans to restrict exports of artificial intelligence chips to China, a Chinese artificial intelligence chip company has received an investment commitment of US$280 million.
Chip restrictions and other sanctions on Chinese artificial intelligence companies are seen as a huge blow to the development of artificial intelligence in various countries. However, these companies have begun to look for alternatives to increase their ability to withstand the crackdown.
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The White House will impose an explosive 104% tariff on Chinese goods starting April 9!
Trump warned China that if the 34% tariff is not lifted, a fight will ensue, affecting electric vehicles, steel, and solar energy! A $20,000 Chinese electric vehicle will double its cost to $40,000 upon entering the U.S., making it nearly unsellable.
Of course, China isn't taking this lying down and immediately retaliated, starting April 10, imposing a 34% tariff on all imported American goods, including agricultural products, chips, and consumer goods.
#关税战 #特朗普 #白宫 #钢铁 #芯片
Trump warned China that if the 34% tariff is not lifted, a fight will ensue, affecting electric vehicles, steel, and solar energy! A $20,000 Chinese electric vehicle will double its cost to $40,000 upon entering the U.S., making it nearly unsellable.
Of course, China isn't taking this lying down and immediately retaliated, starting April 10, imposing a 34% tariff on all imported American goods, including agricultural products, chips, and consumer goods.
#关税战 #特朗普 #白宫 #钢铁 #芯片
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