Chinese web giants go on $5B Nvidia shopping spree to fuel AI ambitions

China's largest web and cloud providers are lining up to buy as many Nvidia GPUs as they can while they still can get their hands on them. Just as the White House announced fresh restrictions on US tech investments in the Middle Kingdom, a report emerged claiming that Alibaba, Baidu, ByteDance, and Tencent have collectively …

[Pascal Monett]

No, we can't all get along

What is this obsession with increasing the amount of land under a country's control ?

There is no more land to grab that is useful and not already inhabited, so grabbing more means going to war. And that means sacrificing thousands of lives, on both sides, lives which would have served much better growing the economy. However the war in Ukraine ends, tens of thousands are dead. Useless deaths that will be sorely missed when the time comes to rebuild and make everything whole again.

Shameful waste of everything.

Stop oogling your neighbor's stuff. Until your own citizens are swimming in milk and honey, you've got better things to do at home.

And when they are swimming in milk and honey, they won't need to go get more next door.

[amanfromMars 1]

Politics for Dummies Testing Flash Market Crashes

The order [Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern] seeks to avoid US investors from supporting the development of Chinese quantum computing, networking, and AI technologies with military and intelligence-gathering uses.

The order also guarantees US investors do neither profit from Chinese progress in leading and new ground-breaking quantum computing, networking, and AI technologies with military and intelligence-gathering uses nor know of any such extremely rewarding developments that have established an unassailable advantage over both competition and opposition until long enough after the fact to render any competition and/or opposition activity to be revealing of systemic competition and opposition weaknesses and vulnerabilities for attacking and exploiting.

Quite how that can ever be helpful, as opposed to being extremely detrimental to the future of the USA, is something of a mystery for the sitting presidential executive order office to explain and try to spin positively ...... should they ever be asked and duty bound required to explain.

[martinusher]

Re: Politics for Dummies Testing Flash Market Crashes

Restricting the hardware available to the Chinese doesn't just give them an incentive to develop their own, it also gives them an incentive to come up with more efficient architectures. They have the resources to do this as well. No matter how you dice and slice it this type of policy is bad for the US in the medium to long term.

But then that's what you get from a government dominated by lawyers and ideologies.

[Bitsminer]

H800 has half the memory...

And NVIDIA now will sell twice as many chipsets!

Who is behind the policy change, fearful senators or profit-motivated vendors?