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U.S. Government to Take Cut of Nvidia and AMD AI Chip Sales to China
Nvidia and Advanced Micro Devices are expected to pay the United States 15% of the money they take in from selling artificial intelligence chips to China, as part of a highly unusual financial agreement with the Trump administration.
Nvidia and AMD will cut the US government in on revenue from AI chip sales in China.
The Financial Times first reported on this “highly unusual” arrangement that is part of reopening the gate for Nvidia and AMD to sell previous-gen AI chips to companies in China: > The US official said Nvidia agreed to share 15 per cent of the revenues from H20 chip sales in China and AMD will provide the same percentage from MI308 chip revenues.
U.S. stocks have received a strong boost from the artificial intelligence boom, ending the week on a high note.
The National Institute of Standards and Technology conducted a groundbreaking study on frontier models just before Donald ...
US state legislatures are where the action is for placing guardrails around artificial intelligence technologies, given the ...
Government agencies are rapidly adopting AI, but experts warn the push may outpace privacy safeguards and leave data vulnerable to leaks and attacks.
GSA announces OpenAI partnership bringing ChatGPT to federal workforce at nominal cost, supporting Trump administration's ...
Implementing similar AI tools across all government websites could greatly simplify public information access. But that’s just the tip of the iceberg.
Tech companies selling AI to the federal government now face a new challenge: proving their chatbots aren't "woke." ...
The library is launching a project in collaboration with Harvard Law School and OpenAI this summer to digitize the materials and make them more fully searchable.
The United States is entering the AI era, and the stakes are enormous. Artificial intelligence will reshape jobs, defense, ...
Dubai is inviting global AI innovators to co-design the next era of government services. With applications now open for the second cycle of its "Future of AI in Government Services Accelerator", the ...
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