Two little-known Chinese companies approved by the U.S. to buy Nvidia’s H200 AI chips, New Matrix and Maginfra, had empty offices, and their executives are linked to firms sanctioned for supplying China’s military, The New York Times found, Tom’s Hardware reported Nov. 8; the approved list also includes Baidu, BYD, Tesla Shanghai, Alibaba, Tencent and ByteDance. The Verge said New Matrix, created 17 months ago, has owners tied to a private equity firm blacklisted by the U.S. since 2024, as Nvidia faces scrutiny over the Jensen Huang probe.
The front page / AI / AI
AI / AINYT: Two Chinese Firms Cleared to Buy Nvidia H200 Chips Have Empty Offices
New Matrix and Maginfra were on the approved list alongside Baidu, BYD and Tesla Shanghai, but reporters found deserted offices and ties to sanctioned firms.
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