Fun

News Feed - 2023-08-31 10:08:24

Savannah Fortis10 hours agoUS officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’U.S. regulators have told AI chip maker Nvidia and its rival AMD to curb exports of high-level semiconductor chips used to develop AI to certain Middle Eastern countries.4223 Total views9 Total sharesListen to article 0:00NewsJoin us on social networksRegulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,” according to its latest quarterly report. 


In the report released on Aug. 28, the company said the new regulations affect its A100 and H100 chips, which help enhance the speed of machine-learning tasks. Nvidia did not specify what countries in the Middle East are impacted.


Advanced Micro Devices (AMD), a direct competitor of Nvidia, was also given a letter by U.S. regulators requesting the same ban on high-level AI chip exports to some Middle Eastern countries, according to a Reuters report.


The quarterly report from Nvidia states that the new regulatory filing would not have an “immediate material impact” on its business, nor does it make up a “meaningful portion” of its revenue.


However, in a separate statement, it said it is working with the U.S. government to address the matter.


Related:US reportedly plans to restrict China’s access to cloud computing services


The quarterly report did mention the ongoing AI chip export regulations the U.S. government has placed on China. 


Nvidia said that past restrictions have still allowed them to sell alternative products in China, including their less powerful A800 or H800 chips.


However, the company warned that long-term results could be “harmed” if it is “effectively excluded from all or part of China.” Of its $13.5 billion in sales from the recent fiscal quarter ending on July 30, the majority came from the U.S., China and Taiwan, and about 13.9% came from other countries combined.


Initial export controls were implemented in October 2022 by the Biden administration in an effort to isolate China from powerful semiconductor chips.


On June 29, officials in Washington said they are considering tightening restrictions on AI chip exports to China even further and limiting the computing power of chips to stunt the flow of chip availability in the Chinese market.


In response to the measures taken by the U.S., the Chinese government said it will control the export of gallium and germanium products, which are primary components to produce AI chips.


AI-related regulations and restrictions coming from the U.S. have caused other countries to consider their own position in the race to develop powerful systems.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews# NVidia# China# US Government# United States# AI# RegulationAdd reactionAdd reactionRead moreWhat is an atomic swap, and how does it work?How AI analysis can change finance and crypto tradingWhen will it be too late to invest in Bitcoin?

News Feed

US senator withdraws support for Elizabeth Warren’s anti-crypto bill
Tom Mitchelhill4 hours agoUS senator withdraws support for Elizabeth Warren’s anti-crypto billRepublican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth
Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings
Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of "Arbitrarily Reducing" Exchange Rankings Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends ToolDuring the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that a
Brazilian Development Bank Launches Blockchain Network
Brazilian Development Bank Launches Blockchain Network The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other in
India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework
India Calls on G20 to Bring Crypto Within Global "Automatic Exchange of Information" Framework India’s finance minister has called on the G20 countries to bring crypto withi
Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’
Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’On May 13, the San Francisco-based cryptocurrency exchange, Coinba
Derek Andersen5 hours agoRipple, Onafriq partner for new payment corridors for Africa, UK, Australia and GulfThe deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partn
China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’
China"s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners "Heavily Affected" Regional reports from China detail that bitcoin miners located in certain
Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High
Bitcoin Mining Investment Strong - BTC Hashrate Surpasses All-Time High On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time hig
Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims
Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administ
US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’
US Senators Probe Crypto Exchange Binance About "Potentially Illegal Business Practices" Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and a
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin As inflation continues to wreak havoc on the lives of ordinary American citiz