Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
China

Nvidia CEO Says Company Went from 95% to 0 Market Share in China (fortune.com) 96

Nvidia CEO Jensen Huang says his company has lost all access to China's market after U.S. export restrictions eliminated what was once a 95% share. Speaking in an interview with Citadel Securities, Huang questioned the wisdom of policies that cost America one of the world's largest markets.

The Biden Administration imposed rules in 2022 to restrict exports of Nvidia's most advanced AI chips to China. The Trump Administration blocked additional chip sales in April and later granted export licenses for certain Nvidia and AMD chips in exchange for 15% of revenues. Chinese regulators responded by telling domestic tech companies to avoid Nvidia chips designed to meet U.S. export requirements. Beijing also placed strict limits on exports of rare earths. Huang noted that about half the world's AI researchers are in China and called it a mistake not to have them build AI on American technology.

Comment This is the problem with these decisions (Score 2, Interesting) 60

The last thing any of us should want is for OpenAI to take over from Google.

I really don't understand this decision that Google should be broken up as though its 'monopoly' in search isn't entirely based on skill and talent. But if we *are* going to force companies to break up into components, can we make sure new monoliths aren't just created as a result?

Submission + - Fifteen Years Later, Citizens United Defined the 2024 Election (brennancenter.org)

NewYorkCountryLawyer writes: The influence of wealthy donors and dark money was unprecedented. Much of it would have been illegal before the Supreme Court swept away long-established campaign finance rules. Citizens United v. Federal Election Commission, the Supreme Court’s controversial 2010 decision that swept away more than a century’s worth of campaign finance safeguards, turns 15 this month. The late Justice Ruth Bader Ginsburg called it the worst ruling of her time on the Court. Overwhelming majorities of Americans have consistently expressed disapproval of the ruling, with at least 22 states and hundreds of cities voting to support a constitutional amendment to overturn it. Citizens United reshaped political campaigns in profound ways, giving corporations and billionaire-funded super PACs a central role in U.S. elections and making untraceable dark money a major force in politics. And yet it may only be now, in the aftermath of the 2024 election, that we can begin to understand the full impact of the decision.

Slashdot Top Deals

People are always available for work in the past tense.

Working...