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Why the US can't stop Iran's lucrative oil trade with China | Serene Cheong - Vimarsana News

Why the US can't stop Iran's lucrative oil trade with China | Serene Cheong

Washington’s hawks are demanding that President Joe Biden’s administration tighten US sanctions on Iran as punishment for its support of Hamas, the militant group behind the attacks that triggered the current conflict with Israel. Tehran, they argue, has been exporting more oil over recent months than it has in years.…

byjus: Byju's in talks to sell US unit Epic for $400 million to Joffre - Vimarsana News

byjus: Byju's in talks to sell US unit Epic for $400 million to Joffre

The potential sale of Epic! Creations Inc. would help Byjus raise funds to pay down a disputed $1.2 billion term loan, people familiar with the matter said. Other bidders, including Duolingo Inc., have also expressed interest in buying the platform, they said, asking not to be named as the information isnt public.

Baidu placed AI chip order from Huawei in shift away from Nvidia -sources - Vimarsana News

Baidu placed AI chip order from Huawei in shift away from Nvidia -sources

Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese acceptance of the firm's products...

Blow For Nvidia? Baidu Reportedly Switches To Huawei For AI Chips, Ditching Its Long-time Supplier - NVIDIA (NASDAQ:NVDA), Baidu (NASDAQ:BIDU) - Vimarsana News

Blow For Nvidia? Baidu Reportedly Switches To Huawei For AI Chips, Ditching Its Long-time Supplier - NVIDIA (NASDAQ:NVDA), Baidu (NASDAQ:BIDU)

This shift, although minor relative to the volume of chips usually sourced from Nvidia, is a clear indicator of Chinese tech firms adjusting to geopolitical pressures.

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Nvidia CorporationBaidu Inc
Exclusive-Baidu placed AI chip order from Huawei in shift away from Nvidia -sources - Vimarsana News

Exclusive-Baidu placed AI chip order from Huawei in shift away from Nvidia -sources

BEIJING/SHANGHAI (Reuters) -Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese acceptance of the firm's products as an alternative to Nvidia's. One of the people said Baidu, one of China's leading AI firms, which operates the Ernie large language model (LLM), placed the order in August, ahead of widely anticipated new rules by the U.S. government that in October tightened restrictions on exports of chips and chip tools to China, including those of U.S. chip giant Nv...

Source: yahoo.com