Nvidia verbally told cloud compute clients
Sources: Nvidia verbally told cloud compute clients to sell 51%+ of their services to non-Chinese companies, imposing new limits on China's access to AI chips
TL;DRNvidia told cloud partners to limit Chinese customer sales to under 49% of their business.
Why it matters: U.S. export controls on AI chips now extend to indirect channels, reshaping global cloud infrastructure competition.
Google expands Dreambeans to India, its first market outside the US
TL;DRGoogle launches AI story-generation app Dreambeans in India with local language support.
Huawei told some clients that a large share of its upcoming flagship AI
TL;DRHuawei's new AI chip will rely heavily on Samsung and SK Hynix memory, sidestepping U.S. export controls.
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Nvidia Tells Data Center Clients to Trim China Business, FT Says
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Open models can do 90 percent of agentic work at a twentieth of
Cheap open-source AI models handle most agent tasks as well as expensive frontier models.
Philips Profitability Beats Expectations on Cost Cutting, Sales
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China Plans Broad AI Guardrails
China developing comprehensive AI safety standards from creation to deployment.
UBS CEO Ermotti Says Cyber Risks Rival Traditional Bank Threats
Banks now see cyber attacks as equally urgent as credit and market risks.
Wall Street CEOs, Big Money Managers Divided Over AI Risks
Wall Street money managers worry about AI risks while CEOs hype profits.