Published in Graphics

Chinese stockpiling Nvidia and HPC GPUs

by on13 November 2023

Ready for the US export ban

Chinese AI startup 01.AI has stockpiled enough Nvidia AI and HPC GPUs to last 18 months in anticipation of a US export ban.

01.AI founder Kai-Fu Lee told Bloomberg: "We have stockpiled a lot of Nvidia chips," said in an interview with Bloomberg.

"The jury is out on whether China in 1.5 years can make equivalent or nearly as good chips. We will have two parallel universes. Americans will supply their products and technologies to the US and other countries, and Chinese companies will build for China and whoever else uses Chinese products. The reality is that they will not compete very much in the same marketplace."

Last modified on 13 November 2023
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