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Exclusive-ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say

Exclusive-ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say

BEIJING/SINGAPORE, Dec 10 (Reuters) - ByteDance and Alibaba have asked Nvidia about buying its powerful H200 AI chip after U.S. President Donald Trump said he would allow it to be exported to China, four people briefed on the matter told Reuters.

Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal

Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal

Nvidia's H200 AI Chip Sales to China Approved with Revenue Sharing Deal

Analysis-How China Inc is marching into Vietnam amid US tariffs

Analysis-How China Inc is marching into Vietnam amid US tariffs

By Francesco Guarascio HANOI, Dec 10 (Reuters) - Chinese firms are expanding in Vietnam, leading investment inflows and sending record shipments to Hanoi in defiance of U.S. calls for decoupling, as the Communist neighbours beef up ties.

Bolivia Restores Diplomatic Relations with Israel After Two-Year Break

Bolivia Restores Diplomatic Relations with Israel After Two-Year Break

Bolivia has restored diplomatic relations with Israel, marking a significant shift in its foreign policy under the new right-wing government led by President Rodrigo Paz. The decision comes after Bolivia's previous left-wing government severed ties with Israel two years ago due to its military actions in Gaza. Bolivian Foreign Minister Fernando Aramayo and Israeli counterpart Gideon Saar met in Washington to sign a declaration to revive bilateral ties. This move is part of Bolivia's broader strategy to improve relations with Western countries, including the United States, after years of alignment with China, Russia, and Venezuela. The restoration of ties includes reinstating ambassadors and easing visa restrictions for American and Israeli travelers.

U.S. Criticizes China for Radar Targeting Japanese Aircraft Amid Rising Tensions

U.S. Criticizes China for Radar Targeting Japanese Aircraft Amid Rising Tensions

The United States has criticized China for aiming radars at Japanese military aircraft during a recent training exercise, marking the first time the U.S. has publicly addressed such actions. The incident occurred near Japan's Okinawa islands and has heightened tensions between China and Japan. The U.S. State Department condemned China's actions as detrimental to regional peace and stability, reaffirming its strong alliance with Japan. The radar targeting is seen as a provocative move, potentially signaling an attack, and has been met with strong disapproval from Japan.

Japan Scrambles Jets as Russian and Chinese Air Forces Conduct Joint Patrols Near Its Borders

Japan Scrambles Jets as Russian and Chinese Air Forces Conduct Joint Patrols Near Its Borders

Japan has responded to joint military patrols conducted by Russian and Chinese air forces near its borders by scrambling its jets. The Japanese Defense Ministry reported that two Russian Tu-95 bombers and two Chinese H-6 bombers conducted a long-distance joint flight in the Pacific. This operation was further supported by four Chinese J-16 fighter jets, which flew between Japan's Okinawa and Miyako islands. Additionally, Russian air force activity was detected in the Sea of Japan, involving an early-warning aircraft and two Su-30 fighters. Japanese Defense Minister Shinjiro Koizumi expressed concern over these operations, describing them as a show of force against Japan. The joint flight reportedly lasted eight hours, and South Korea also noted the presence of Russian and Chinese planes in its air defense zone.

Huawei weighs French factory's future in tough European market, say sources

Huawei weighs French factory's future in tough European market, say sources

By Elizabeth Pineau and Mathieu Rosemain PARIS, Dec 10 (Reuters) - Huawei is considering the future of a recently completed plant in eastern France, three people familiar with the matter said, amid the slow roll-out of 5G in Europe and a hardening stance by some governments on using Chinese

U.S. Seizes Oil Tanker Off Venezuela Coast Amid Rising Tensions

U.S. Seizes Oil Tanker Off Venezuela Coast Amid Rising Tensions

President Trump announced that the United States has seized an oil tanker off the coast of Venezuela, marking a significant escalation in the U.S.'s efforts to pressure Venezuelan President Nicolás Maduro. This action is part of a broader campaign by the Trump administration to increase military presence in the region, which has included strikes on alleged drug-smuggling operations. The seizure was conducted by the U.S. Coast Guard with support from the Navy, under U.S. law enforcement authority. Venezuela, possessing the world's largest proven oil reserves, has been selling oil at discounted rates to China due to U.S. sanctions. These transactions often involve complex networks of intermediaries and ghost tankers. Maduro, in a speech, did not directly address the seizure but emphasized Venezuela's readiness to defend against U.S. actions.

Congress Moves to Impose New Restrictions on Chinese Investments in Defense Bill

Congress Moves to Impose New Restrictions on Chinese Investments in Defense Bill

The U.S. Congress is advancing a defense authorization bill that introduces new restrictions on Chinese investments in sensitive sectors, aiming to reduce U.S. reliance on Chinese biotechnology companies. The bill, which has been approved by the House and is now headed to the Senate, includes provisions to scrutinize American investments in China that could enhance Chinese military capabilities. It also prohibits the use of government funds for equipment and services from blacklisted Chinese biotechnology companies. Additionally, the bill seeks to bolster U.S. support for Taiwan, which China claims as its own. The Chinese embassy in Washington has criticized the bill, accusing it of undermining bilateral relations and China's sovereignty.

Chinese AI Spending Surge Boosts Domestic Semiconductor Industry

Chinese AI Spending Surge Boosts Domestic Semiconductor Industry

Chinese internet companies are significantly increasing their spending on artificial intelligence (AI) technology, which is expected to benefit local semiconductor companies. This surge in AI investment is driven by companies like Alibaba, which reported a 34% increase in cloud-related revenue, indicating a growing demand for AI compute power. Due to U.S. restrictions, Chinese companies are unable to access Nvidia's advanced semiconductors, prompting them to rely on domestic alternatives. Companies such as Cambricon, which plans to triple its output next year, are poised to benefit from this increased demand. Analysts from Goldman Sachs and other firms have identified several Chinese semiconductor companies as potential beneficiaries of this trend.

How China's AI chips stack up against Nvidia's H200

How China's AI chips stack up against Nvidia's H200

BEIJING, Dec 9 (Reuters) - U.S. President Donald Trump said the United States would allow Nvidia's H200 processors to be exported to China, though it remains unclear whether Beijing will give the green light to Chinese companies to purchase them.

Brookfield and Qatar launch $20 billion AI infrastructure joint venture

Brookfield and Qatar launch $20 billion AI infrastructure joint venture

DUBAI/LONDON, Dec 9 (Reuters) - Brookfield and Qai, an artificial intelligence company owned by Qatar's sovereign wealth fund, have formed a $20 billion joint venture to develop artificial intelligence infrastructure in Qatar and select international markets, the two groups said Tuesday.