NVIDIA’s Emerging AI Chip Rival in China, Cambricon, Plans to Raise $560 Million to Boost Competition as Beijing Moves to Mandate Homegrown AI Chips For Datacenters ...Middle East

China's AI industry has seen massive developments recently, as the government starts to make efforts to ensure reliance on domestic AI chips. China Is Encouraging The Use of Domestic AI Chips, But It Seems Like There's No Alternative to NVIDIA For Now The recent trade situation, particularly between the US and China, has prompted both nations to tighten their grip on their respective AI technologies due to their importance. We recently saw how Beijing is moving against NVIDIA's H20 AI chip by reportedly advising local tech giants not to buy foreign chips as they could contain security flaws. And now, […]

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