Iran says it would resume nuclear talks with US if guaranteed no further attacks
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
Nvidia CEO Jensen Huang says 'we don't have to worry' about the Chinese military using US chips to improve their capabilities because 'they simply can't rely on it'
When you buy through links on our articles, Future and its syndication partners may earn a commission. Nvidia CEO Jensen Huang sat down with CNN's Fareed Zakaria on Sunday to discuss a variety of issues, including the ongoing AI race between the US and China. Zakaria asked Huang about the previous bipartisan consensus regarding the restriction of high-end AI hardware to China, and to speak towards his previous comments that the sanctions had backfired against American companies. "Depriving someone of technology is not a goal, it's a tactic. And that tactic was not in service of the goal", said Huang (via Bloomberg). "We would like the United States to be the world leader [in AI], there is nothing wrong with that aspiration, and we should definitely try to achieve that, and strive for that." "Our mission, properly expressed... in order for America to have AI leadership", Huang continued, "is to make sure the American tech stack is available to markets all over the world, so that amazing developers, including the ones in China, are able to build on [the] American tech stack." When asked by Zakaria whether this could potentially provide the Chinese military and intelligence services with "the capacity to supercharge their weapons with the very best American chips", Huang responded: "We don't have to worry about that, because the Chinese military, no different [to] the American military, will not seek each other's technology out to be built on top of it. They simply can't rely on it. It could, of course, be limited at any time" "Not to mention, there's plenty of computing capacity in China already. If you just think about the number of supercomputers in China, built by amazing Chinese engineers, that are already in operation." "They don't need Nvidia's chips, certainly, or American tech stacks, in order to build their military." Huang is scheduled to hold a media briefing in Beijing on July 16, his second visit this year after an earlier trip in April where he said he hoped to "continue to cooperate with China." However, US republican senator Jim Banks and democratic senator Elizabeth Warren have sent a letter to Huang ahead of his trip, asking him to abstain from meeting with representatives of companies that are working with the People's Republic of China's military and intelligence bodies. "We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in US export controls", the letter warns. The visit also comes in the wake of reports that China is currently constructing massive data centres to house over 115,000 Nvidia AI GPUs. This would appear be in direct contradiction of current US/China chip export restrictions surrounding high-end AI hardware, although it's unclear how the GPUs in question would be acquired. The Trump administration's AI czar, David Stacks, has previously called for a relaxing of Biden-era regulations surrounding American-made AI chips, while an executive order regulating the developments of AI tools, software, and models was nixed early into Trump's current tenure. Certainly, the Trump administration appears to look more favourably upon AI and AI hardware than the previous US government, so perhaps it's not unthinkable that the two countries could share AI developments (and chips) to their mutual benefit in years to come. That being said, the US hit China with some of the largest trade tariffs of the lot at the start of the year, with little sign of let-up in recent months. So, whether Jensen's calming words might help lead to better technological relations between the two, or perhaps even a retraction of existing chip sanctions in the near future, is anyone's guess for now. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
an hour ago
- Wall Street Journal
Japan's 20-Year Bond Yield Rises to Highest Level This Century
Japanese bond yields rose as investors worried Prime Minister Shigeru Ishiba's ruling coalition could lose its upper-house majority, raising the prospect of a freer-spending government. Yields on 20-year bonds rose to 2.63%, on pace to settle at their highest since November 1999, according to LSEG data. Other long-dated bond yields also moved up. The yen was broadly steady against the dollar. The greenback has gained about 1% against the yen in the past two session, according to Dow Jones Market Data. Ishiba's Liberal Democratic Party and Komeito, its coalition partner, will likely lose their majority in Sunday's elections, a poll released Tuesday by the Asahi Shimbun newspaper suggested.
Bloomberg
an hour ago
- Bloomberg
China Chips Reversal, EU Targets Boeing, US Cars & Bourbon
Nvidia plans to resume sales of its H20 AI chip in China after securing Washington's assurances that such shipments would get approved, a dramatic reversal from the Trump administration's earlier stance on measures designed to limit Beijing's AI ambitions. US government officials told Nvidia they would green-light export licenses for the H20 artificial intelligence accelerator, the company said in a blog post on Monday — a move that may add billions to Nvidia's revenue this year, restoring its ability to fulfill orders it had written off as lost due to government restrictions. Today's guests: Arend Kapteyn, UBS Investment Bank Global Head of Economics & Strategy Research, Amanda van Dyke, Critical Minerals Hub Co-Founder and Managing Director, Francesca Ghiretti, RAND Europe China Initiative Director (Source: Bloomberg)
