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    How China gets the Nvidia chips it needs to develop AI

    Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.

    Moonshot AI rents Nvidia’s top AI chips in China, documents show

    Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.

    Tencent rolls out AI model trained with limited cybersecurity data amid hacking fears

    Tencent on Wednesday released Hy4, its new open-source model, that the company said was trained with limited cybersecurity data to "defensive" content to reduce the risks of the model's ability to aid cyberattacks.

    China's 'Lipstick King' touts AI tokens in first for Singles' Day festival

    The launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world's largest shopping festival originally held on November 11 each year.

    Binance hack raises crypto security fears: Why are Strategy and Bitmine still buying Bitcoin (BTC USD) and Ethereum (ETH USD)? What did Michael Saylor and Tom Lee say

    Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million in ETH USD. The buying came as the crypto industry faced renewed security concerns following the massive Binance hack, with Bitmine chairman Tom Lee arguing that the market’s relatively muted reaction was “very constructive.”

    In 2007, Range Fuels broke ground on a Georgia plant designed to produce 100 million gallons of ethanol a year from wood waste; by 2011, it had closed without selling any

    In Soperton, Georgia, a factory built to produce biofuels closed in 2011 without selling any product. Range Fuels was supported by $156 million in federal funding but failed due to inconsistent technology performance. The cellulosic ethanol mandate established in 2007 aimed to spur a new industry but resulted in shortfalls. Despite advancements in biofuel science, government investments must match realistic technological capabilities.

    The Economic Times
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