GoKawiil
Tech News
Treasury Secretary Scott Bessent said the US and China have discussed creating an AI safety notification mechanism, allowing either country to alert the other if its AI systems pose risks or behave unpredictably. The proposal comes ahead of a Trump-Xi meeting, and follows continued US export controls and a Justice Department case accusing six Chinese AI firms of stealing US technology, which China disputes.
UK neocloud firm Nscale disclosed in documents tied to its US IPO that a ByteDance subsidiary called Spring accounted for $24 million of its $33 million 2025 revenue, giving Spring access to 2,304 Nvidia B200 chips at Nscale's Glomfjord, Norway facility. The ByteDance link surfaced not in Nscale's S-1 but in a supporting $105 million loan document with Macquarie, and the Financial Times reports the arrangement was legal under current US export rules.
A Science journal analysis of patent citations and publications found that Chinese companies placed on the US Entity List increased their reliance on scientific literature to drive innovation, compared with similar firms not sanctioned. These restricted companies filed more patents citing scientific research and published more scientific articles than their unsanctioned counterparts after being blacklisted.
A report from nonprofit watchdog C4ADS outlines three main routes Chinese buyers use to obtain export-restricted Nvidia AI chips like the H100, A100 and Blackwell models: direct purchases through research institutions, rerouting shipments through third countries in Southeast Asia, and layered shell-company transactions. The group notes its findings only cover documented cases, so the real volume of smuggled hardware is likely much larger.
Biren Technology reported first-half 2026 revenue of $183.9 million, up nearly 2,000% year-over-year, as Chinese buyers shifted to domestic AI accelerators after Nvidia halted GPU shipments to China under US export controls. Despite the revenue jump and a 42.7% gross margin, Biren posted a $56.2 million loss due to heavy investment in new chips, software, and rack-scale systems.
According to The Information, the Trump administration is preparing a new export control aimed at closing a loophole that lets Chinese firms tap advanced AI compute through remote servers hosted in Thailand and Singapore, countries not currently bound by China-specific chip restrictions. The Commerce Department could circulate the draft rule to industry groups for feedback as early as September.
Nvidia has registered a new federal political action committee that will collect voluntary donations of up to $5,000 a year from eligible employees to fund candidates and party committees. The company told staff that upcoming congressional decisions on AI regulation, export controls and infrastructure could significantly affect the industry. This move follows Nvidia's hiring of a new chief external affairs officer and five outside lobbying firms, alongside a jump in federal lobbying spending to over $2.5 million this year.
Taiwanese prosecutors in Keelung have charged nine people, reportedly including an Nvidia senior manager and two Supermicro employees, with breach of trust and document forgery for allegedly faking records to disguise illegal exports of high-end AI servers to China. Investigators found that of 130 B300 servers falsely documented as installed in Taiwan, 74 were actually shipped to Chinese customers, while 56 were stopped after customs officials spotted inconsistencies. The probe follows the March arrest of Supermicro co-founder Wally Liaw in the US over an alleged $2.5 billion scheme to route restricted AI servers to China.
Taiwanese prosecutors have charged nine individuals connected to a scheme accused of illegally routing AI servers containing Nvidia chips to China, circumventing U.S. export restrictions. The case highlights ongoing efforts by Chinese buyers to obtain restricted American semiconductor technology through indirect channels.