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Chinese AI Firms Using Cloud to Dodge US Sanctions – FT

Artificial intelligence firms targeted by the US are reportedly using third parties to get around chip export controls


Investors pumped billions into chip related stocks in Taiwan and South Korea last month, data for May has revealed.
The battle for shares of China's AI chip market is a multi-billion-dollar tussle, but filling the void created by the latest US curbs could take some time, experts say. This Reuters file photo shows a Huawei Hisilicon chip.

 

Chinese artificial intelligence (AI) outfits, under pressure from the Biden administration’s US export controls, have found ways to access high-end chips through the cloud, according to the Financial Times. 

The AI firms are said to be getting their hands on restricted technology by using cloud providers and through rental arrangements with third parties, the report went on. The groups are also purchasing chips through subsidiary companies in China, said the FT.

Read the full story: The Financial Times

 

  • By Sean O’Meara

 

Read more:

S Korea Warns US Chips Act Could Backfire, Harm Investment

US Chips Act Fund Ban on China Expansion For 10 Years – FT

US Chipmakers Selling Advanced Chips to China: ASML Chief

 

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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