China is slowly allowing its companies to buy Nvidia’s powerful AI chip called the H200. It has already approved three major tech companies, including ByteDance (owner of TikTok), Alibaba, and Tencent. They can buy 400,000 H200 chips combined. Several others are waiting in the queue. However, there are still big restrictions in place. This is a big deal because China had been strongly hesitant earlier. The U.S. has already approved Nvidia’s sale of these chips to China. So, is it a green light from China and the U.S.? Or just a temporary approval? What kind of conditions might China impose on the companies? For all that, learn more. Companies That Got Nvidia’s H200 Chip ApprovalChina is apparently walking on a tightrope when it comes to Chips. Chinese companies need them badly to build AI tools, run huge data centres, and compete with U.S companies. China wants to protect and grow its own chip industry, but at the same time needs Nvidia’s chips (because the H200 is Nvidia’s second-most powerful AI chip, 6 times more powerful than H20). So far, ByteDance, Alibaba, and Tencent have received approvals, with the condition that they can buy only 400,000 H200 chips combined. And others… Read MoreStartupTalky- Business News, Insights and Stories
