Nvidia's H200 GPUs could begin trickling into China as soon as this quarter, but there's a catch. Due to all the geopolitical turmoil that's ravaged US-China trade relations over the past year, buyers may need to pay up front for the coveted AI accelerators. And they won't get a refund if China decides to block the imports! On Thursday, Bloomberg reported that authorities in Beijing could green-light shipments of H200s - currently the most powerful GPU Uncle Sam has ever allowed Nvidia to sell in China - as soon as this quarter.
Last week, news broke that Meta is buying Chinese AI startup Manus for around $2 billion. The company is known for its AI agent that can handle everything from job interviews to stock analysis. Meta plans to integrate Manus' AI agent into its own products. Now, the Financial Times reports that China's Ministry of Commerce has decided to review the purchase to determine whether the deal violates the country's export control rules for technology.
The ReSourceEU programme will seek to de-risk and diversify the bloc's supply chains for key commodities with a funding initiative to support 25-30 strategic projects in the sector. These projects cover rare earths a group of 17 heavy metals that are actually abundant but difficult and costly to extract as well as the elements gallium, germanium and lithium, used in batteries for electric vehicles.