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    Chinese AI firms rush to secure Nvidia chip capacity as spy scandal stirs fear of US curbs

    Chinese artificial intelligence companies are actively seeking to rent Nvidia-powered computing capacity from overseas data centres. They are motivated by fears of stricter US export controls and political controversies surrounding Nvidia's CEO. Major cloud providers and smaller AI labs are exploring international options to maintain access to advanced processors.

    Why is Nvidia so powerful in the AI world, and what could Jensen Huang's scandal really cost?

    Nvidia's CEO Jensen Huang has recently admitted to an extramarital affair, and the woman involved, Alice Huang, has been accused of being a Chinese spy. The company's share price tumbled after the affair was revealed and is reportedly under criminal investigation. The industry is known for its circular financing schemes, with investors already fretting over whether AI investments can ever return profits.

    Nvidia shares plummet 10% in after-hours trade as investors consider a future without Huang

    Nvidia Corp's stock faced a sharp decline following troubling reports about CEO Jensen Huang's personal affairs. With fears of his potential departure looming, investors reacted with caution, prompting multiple financial firms to downgrade Nvidia's ratings and adjust their price projections downwards. Analysts worry that such leadership turmoil could disrupt Nvidia's strategic direction, especially in the rapidly evolving AI sector.

    Kimberly Powell: What to know about the Nvidia executive and her reported extramarital affair with Jensen Huang who also had a fling with alleged Chinese spy Alice Huang

    In a surprising turn of events, Nvidia's CEO Jensen Huang has publicly acknowledged his infidelity after four decades of marriage. This revelation comes amidst reports of a past relationship with Kimberly Powell, an Nvidia executive, as well as troubling allegations involving Alice Huang, a Chinese businesswoman with suspected ties to Chinese intelligence.

    China’s army-linked university was served Nvidia chips despite US sanctions

    A Chinese university with close links to the country's military has purchased two of Nvidia's powerful H200 AI chips despite being on the US export blacklist, according to procurement records reviewed by Reuters. The findings raise fresh concerns over gaps in Washington's export restrictions and China's access to advanced American technology through domestic suppliers. Other Chinese universities and research institutions have also reportedly obtained restricted Nvidia chips or rented computing capacity powered by them.

    Nvidia chips getting diverted to China: Donald Trump crackdown on companies following consultations with Elon Musk stalled by US Commerce Secretary

    This comes after a controversy surrounding Nvidia CEO Jensen Huang and the chipmaker's China business has spiraled into a national-security and political storm.

    The Economic Times
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