China approves first imports of Nvidia's H200 AI chips
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Exclusive-Nvidia helped DeepSeek hone AI models later used by China's military, lawmaker says
By Stephen Nellis SAN FRANCISCO, Jan 28 (Reuters) - U.S. chipmaker Nvidia helped China's DeepSeek hone artificial intelligence models that were later used by the Chinese military, the chairman of a U.
Nvidia purchased CoreWeave Class A common stock at $87.20 per share.
Last year, a low-cost generative AI model from China's DeepSeek, on par with US rivals, upended assumptions of American dominance in the fast-moving field
The software giant is vying for a bigger piece of the AI pie.
The approval covers several hundred thousand H200 chips and was granted during Nvidia Chief Executive Jensen Huang's visit to China this week, the sources said.
Nvidia (NVDA) has invested $2B in CoreWeave (CRWV) and expanded their collaboration to help CoreWeave accelerate the buildout of over 5 GW of AI factories.
The AI-centric neocloud provider just got a huge vote of confidence.
China approves Alibaba, Tencent, and ByteDance to order NVIDIA H200 chips after initial ban, balancing AI competition needs with semiconductor independence goals.