The agreement would give Nvidia a financial interest in one of its biggest clients, but it will not provide it any voting rights. There is not much precedence in the IT sector for Nvidia’s decision to spend up to $100 billion in OpenAI while also supplying the maker of ChatGPT with millions of its market-leading … Read more
Authorities force businesses to utilize local suppliers, including ByteDance, the parent firm of TikTok. Chinese regulators are currently reviewing the activities of domestic companies, including leading technology firms Tencent and ByteDance, following their reported purchases of Nvidia’s H20 processors. Chinese Regulators Question Nvidia Purchases Three persons familiar with the situation told the Reuters news agency … Read more