US Accuses Four of Smuggling Advanced Nvidia Chips to China

China's transport, logistics, and ride-hailing sectors are rapidly adopting autonomous vehicles, raising concerns about the potential displacement of millions of drivers. The shift towards automation in these industries is occurring without a clear social safety net for those affected, leading to fears of significant job losses.

Key White House officials are urging lawmakers on Capitol Hill to exclude AI chip export restrictions to China from the annual defense policy bill. This push reflects ongoing strategic considerations regarding technology and national security as the U.S. navigates its relationship with China.

US President Donald Trump stated that investment in artificial intelligence (AI) is significantly benefiting the economy. However, he expressed concerns that overregulation could hinder the US's competitive edge against China in the AI sector.

US officials are reportedly indicating that semiconductor tariffs may not be imposed soon, reflecting a more cautious stance from the Trump administration regarding China. This potential delay comes amid ongoing trade tensions and strategic considerations in US-China relations.

Experts warn that reliance on foreign-made open models poses significant risks to the US supply chain and innovation in artificial intelligence. This dependency could hinder the country's competitive edge against China in the rapidly evolving tech landscape.

China has urged the United States to refrain from interfering in Venezuela's internal affairs, in response to the U.S.'s increasing military presence in the Caribbean and Eastern Pacific. This statement reflects China's position on maintaining peace in Latin America.

Elon Musk's xAI plans to establish a 500 megawatt data center in Saudi Arabia in collaboration with the state-backed AI venture Humain, utilizing chips from Nvidia Corp. This initiative is part of a broader strategy to enhance AI capabilities in the region.

The Netherlands has temporarily halted its efforts to seize control of the Chinese-owned chipmaker Nexperia, a move seen as a gesture of goodwill aimed at easing tensions in the ongoing EU-China dispute. This decision comes amid concerns over the impact on global car supply chains, which have been affected by semiconductor shortages.