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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Tag: export controls

Written by FinCrimeNovember 14, 2023

Nvidia develops AI chips for China in latest bid to avoid US restrictions

Reported by Qianer Liu and Eleanor Olcott in Hong Kong, and Tim Bradshaw in London As the US sought to constrain China’s AI development, the Biden administration blocked sales of the A100 and H100 GPUs in October 2022. In response, Nvidia developed two alternative models for China, the A800 and H800, which fell below the […]

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