Business / Tech Jun 20, 2023
Inside China's underground market for high-end Nvidia AI chips
U.S. export restrictions have created a de facto underground market with vendors keen not to draw scrutiny from either U.S. or Chinese authorities.
U.S. export restrictions have created a de facto underground market with vendors keen not to draw scrutiny from either U.S. or Chinese authorities.
The rules restricted shipments of Nvidia and Advanced Micro Devices chips that have become the global technology industry's standard for developing chatbots and other AI systems.
Dozens of bots rigged to ChatGPT technology have emerged on WeChat, with hobbyists using it to make programs or automated accounts that can interact with users.
Beijing’s tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent Holdings and NetEase.