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Kingsoft Cloud's latest quarterly report served up winds for shareholders.
A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD, according to documents and two sources familiar with the matter. Nvidia's H200 chip, one of its most powerful and used to train and run large AI models, has become a focal point of U.S.-China tech rivalry as Washington seeks to restrict China's access to advanced computing power. ZTE Kangxun Telecom and server maker Maginfra have been permitted to purchase Nvidia's H200 chips, while Zhuhai Hengqin Yunxiang Zhisheng Net
Investing.com -- The founder of Chinese artificial intelligence startup Zhipu said frontier AI should remain openly accessible rather than restricted to a small group of developers, as debate intensifies over balancing innovation with national security concerns, according to Bloomberg.
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