US deals heavy blow to China tech ambitions with Nvidia chip ban ...Qatar

News by : (Gulf Times) -
The US government’s new restrictions on the ability of Nvidia Corp to sell artificial intelligence (AI) chips to Chinese customers threatens to deal a heavy blow to the country’s development of a sweeping range of cutting-edge technologies. The Santa Clara, California-based company disclosed in a regulatory filing this week it can no longer sell certain high-end chips in China without a licence from Washington. These AI accelerators go into large data centres to train AI models for tasks like autonomous driving, image recognition and voice assistance. Nvidia has nearly a 95% share of that market, according to Fubon Securities Investment Services estimates, and the rest is accounted for by A

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