Nvidia has reportedly received multiple orders from Chinese companies valued at around $5 billion for the purchase of the company's A800 processor to fuel their Artificial Intelligence models.
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Alibaba Cloud is reaching out to businesses to see if they want to try out its generative AI bot. Corporate entities that are interested can check out Alibaba Cloud's WeChat for more details.
The United States government has signed a new executive order banning transactions with eight Chinese apps, The order could be revoked by the President-elect once he takes office, though.
The Chinese Communist Party has launched an antitrust probe against Alibaba Group, Jack Ma's e-commerce and tech giant. The probe follows the government's recent crackdown on business monopolies.