Search results for Bureau of Industry and Security
Industry
U.S. prosecutors call Huawei a \'criminal enterprise\' as trial focuses on trade secrets, Iran sanctions
U.S. prosecutors told a federal court in Brooklyn that Huawei was a “criminal enterprise,” accusing the Chinese telecoms equipment maker of stealing trade secrets, violating Iran sanctions and committing financial fraud. A Justice Department prosecutor said Huawei extracted technology from U.S. companies over about 20 years and abused the financial system. Huawei rejected the allegations, saying prosecutors are linking separate matters into an organised conspiracy.
AI & Enterprise
U.S. Commerce Department moves to block China AI firms from remote access to advanced chips
The U.S. Commerce Department is drafting new export rules aimed at stopping Chinese AI companies from remotely accessing advanced semiconductors, The Information reported. A small team at the Bureau of Industry and Security is preparing a narrower alternative to the Biden-era “AI diffusion rule,” the report said. The rules would target access through overseas data centres in places such as Thailand and Singapore.
AI & Enterprise
Zhipu builds 1-GW AI data centre using only Chinese-made chips; shares surge 37 percent
China\'s AI company Zhipu completed a 1-gigawatt AI computing centre run only on Chinese-made chips, South China Morning Post reported. The facility will be used to train and run inference for its GLM large language model series. Zhipu\'s Hong Kong-listed shares jumped 37 percent to close at 121.9 Hong Kong dollars. The company is also reported to have acquired Qubilas, an infrastructure software firm spun off from the Chinese Academy of Sciences.
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AI & Enterprise
Nvidia cracks down on China circumvention, cuts over half of Asia AI chip customers
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Industry
U.S. to provide $500 million to SandboxAQ for semiconductor materials development
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Industry
Taiwan considers sweeping controls on AI chip exports to China
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AI & Enterprise
U.S. blocks exports of AI chips to overseas Chinese affiliates, Nvidia and AMD shares face opening pressure
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Industry
Samsung Electronics annual operating profit forecast triples in a year