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Invoice records from China’s State Taxation Administration reveal that Sharetronic Data Technology Co., a Chinese firm that sells and rents AI servers, procured almost 300 servers containing banned Nvidia AI chips, which it sold to a Shenzhen subsidiary to the tune of $92 million. According to Bloomberg, while it isn’t clear which specific chips were contained within the servers or where they were sourced from, all options would have been subject to U.S. export controls to China at the…
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Invoice records from China’s State Taxation Administration reveal that Sharetronic Data Technology Co., a Chinese firm that sells and rents AI servers, procured almost 300 servers containing banned Nvidia AI chips, which it sold to a Shenzhen subsidiary to the tune of $92 million. According to Bloomberg, while it isn’t clear which specific chips were contained within the servers or where they were sourced from, all options would have been subject to U.S. export controls to China at the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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