WeRide Trims Losses as China’s Robotaxi Race Gains Momentum

President Donald Trump is considering whether to permit Nvidia Corp. to sell advanced artificial intelligence chips to China, with US Commerce Secretary Howard Lutnick indicating that Trump will make the final decision on this matter. This potential sale involves Nvidia's H200 chips, which are significant in the AI sector.

Commerce Secretary Howard Lutnick announced that the decision to authorize sales of Nvidia’s H200 artificial intelligence chips to China is currently awaiting President Donald Trump's approval. This move comes amid ongoing discussions about the implications of such sales on national security, as highlighted during Lutnick's appearance on Bloomberg Surveillance.

China has achieved a significant energy milestone by successfully breeding uranium from thorium, marking a notable advancement in nuclear technology. This process could potentially enhance the country's energy production capabilities and contribute to its long-term energy strategy.

Beijing-based AI startup is negotiating with global investors, including IDG Capital, for a funding round that could raise several hundred million dollars, potentially valuing the company at around $4 billion. This move highlights the growing interest in AI technologies in China.

Four individuals, including a Chief Technology Officer, have been arrested and indicted for illegally exporting Nvidia chips to China. The charges include illegal exports, smuggling, and money laundering, highlighting serious concerns over national security and compliance with export regulations.