Nvidia has voiced strong opposition to a reported plan by the Biden administration to impose new restrictions on the export of AI chips, urging the outgoing president to avoid making a decision that could impact the incoming Trump administration. The company warned that such measures would harm the US economy, hinder innovation, and benefit adversaries like China. Nvidia’s Vice President, Ned Finkle, called the policy a “last-minute” move that would leave a legacy of criticism from both US industry and the global community.
The proposed restrictions, as reported by Bloomberg, aim to limit AI chip exports to certain countries, particularly targeting China to prevent the enhancement of its military capabilities. While some nations would face outright bans, the rules would also cap the computing power that can be exported to others. The Biden administration has yet to confirm the details, and requests for comment from the White House and the Commerce Department went unanswered.
Industry groups, including the Information Technology Industry Council, which represents major tech firms like Amazon, Microsoft, and Meta, have expressed concern about the policy. They argue that it would impose arbitrary limitations on US companies’ global competitiveness and risk ceding market leadership to foreign rivals. Nvidia warned that these restrictions could push international markets toward alternative technologies, undermining the US technology sector.
President-elect Donald Trump, who begins his second term on January 20, previously enacted technology export restrictions to China during his first term, citing national security concerns. Nvidia’s statement reflects apprehension about the continuity of US policy on AI chip exports under the new administration.
China has unveiled its ambitious ‘National Data Infrastructure Construction Guidelines,’ placing blockchain technology at the centre of its strategy to enhance data security, transparency, and scalability. The guidelines aim to establish a blockchain-powered data infrastructure nationwide by 2029, advancing the country’s digital transformation goals.
The plan, announced by the National Development and Reform Commission, outlines a phased approach. Between 2024 and 2026, pilot projects in key regions will test blockchain frameworks and decentralised applications across sectors such as finance, green energy, and manufacturing. By 2028, these pilots are expected to evolve into integrated national blockchain networks supporting secure, large-scale data exchanges.
Central to the initiative is the creation of “trusted data spaces” that enable multi-party data sharing with privacy and ownership guarantees. These spaces will tackle governance challenges, ensuring data traceability and integrity across industries like logistics, e-commerce, and financial services. Blockchain-driven data markets will also allow the tokenisation and secure trading of data assets, unlocking new revenue streams and incentivising sharing at scale.
China’s guidelines further focus on combining blockchain with advanced privacy technologies to safeguard sensitive information while allowing secure data analysis. By decentralising data flows and integrating real-time monitoring, the initiative seeks to bolster security, reduce vulnerabilities, and position blockchain as a cornerstone of the nation’s digital economy.
A prominent technology trade group has urged the Biden administration to reconsider a proposed rule that would restrict global access to US-made AI chips, warning that the measure could undermine America’s leadership in the AI sector. The Information Technology Industry Council (ITI), representing major companies like Amazon, Microsoft, and Meta, expressed concerns that the restrictions could unfairly limit US companies’ ability to compete globally while allowing foreign rivals to dominate the market.
The proposed rule, expected to be released as soon as Friday, is part of the Commerce Department’s broader strategy to regulate AI chip exports and prevent misuse, particularly by adversaries like China. The restrictions aim to curb the potential for AI to enhance China’s military capabilities. However, in a letter to Commerce Secretary Gina Raimondo, ITI CEO Jason Oxman criticised the administration’s urgency in finalising the rule, warning of ‘significant adverse consequences’ if implemented hastily. Oxman called for a more measured approach, such as issuing a proposed rule for public feedback rather than enacting an immediate policy.
Industry leaders have been vocal in their opposition, describing the draft rule as overly broad and damaging. The Semiconductor Industry Association raised similar concerns earlier this week, and Oracle’s Executive Vice President Ken Glueck slammed the measure as one of the most disruptive ever proposed for the US tech sector. Glueck argued the rule would impose sweeping regulations on the global commercial cloud industry, stifling innovation and growth.
While the administration has yet to comment on the matter, the growing pushback highlights the tension between safeguarding national security and maintaining US dominance in the rapidly evolving field of AI.
Cyberattacks on Taiwan’s government departments doubled in 2024, reaching an average of 2.4 million attacks per day, according to the island’s National Security Bureau. Most of the attacks were attributed to Chinese cyber forces, with key targets including telecommunications, transportation, and defence. The report highlighted the increasing severity of China’s hacking activities, noting that many of the attacks were timed to coincide with Chinese military drills around Taiwan.
Taiwan has long accused Beijing of using cyberwarfare as part of broader “grey-zone harassment” efforts, which also include military exercises and surveillance balloons. The latest report detailed how China’s cyber forces employed advanced hacking techniques, such as distributed denial-of-service (DDoS) attacks and social engineering, in an attempt to steal confidential government data. These attacks were aimed at disrupting Taiwan’s infrastructure, including highways and ports, and gaining strategic advantages in politics, military affairs, and technology.
China has not responded to the allegations, though it routinely denies involvement in hacking operations. However, Taiwan’s findings come amid growing international concerns over Chinese cyber activities, with the United States recently accusing Chinese hackers of stealing sensitive documents from the US Treasury Department. Taiwan’s government has warned that Beijing’s cyber threats are intensifying and pose a growing risk to national security.
China has introduced a groundbreaking addition to its law enforcement toolkit – the Rotunbot RT-G, a spherical robot designed to aid police in high-speed chases and challenging terrains. Developed by Logon Technology, this 276-pound robotic marvel can travel up to 22 mph on land and water, navigate mud and rivers, and even withstand drops from ledges. Its rapid acceleration and amphibious capabilities make it a unique asset for pursuit scenarios.
Equipped with advanced technology, the RT-G boasts GPS for precise navigation, cameras, ultrasonic sensors, and systems for tracking and avoiding obstacles. Gyroscopic self-stabilisation ensures smooth operation, while a suite of non-lethal tools—including tear gas dispensers, net shooters, and acoustic crowd dispersal devices—enables it to handle diverse law enforcement tasks humanely and effectively.
The RT-G is already used in Wenzhou, Zhejiang province of China, where it assists police in commercial zones. While its real-world performance shows promise, limitations such as instability during turns and difficulty navigating stairs reveal areas for improvement. Despite these challenges, the Rotunbot RT-G represents a significant leap in robotic policing technology, blending innovation with practicality.
China’s Ministry of Commerce has proposed new export restrictions on key technologies for producing lithium and gallium, vital components in electric vehicle (EV) batteries and other advanced applications. These measures, announced Thursday, aim to bolster China’s dominant position in processing critical minerals, where it controls 70% of global lithium refining capacity. The proposed rules are open for public comment until 1 February, but no implementation date has been specified.
Industry experts warn the restrictions could disrupt global supply chains. Adam Webb of Benchmark Mineral Intelligence noted that Western lithium producers might struggle to access Chinese technology critical for refining lithium chemicals, potentially delaying production and innovation. Meanwhile, the rules could also complicate the global ambitions of Chinese battery giants like CATL and Gotion by restricting their overseas operations.
The proposed curbs come amid ongoing trade tensions, with Beijing responding to mounting international scrutiny over its control of crucial materials. The measures may deepen competition between China and other nations striving for energy independence and a sustainable transition to EVs if enacted.
Russian President Vladimir Putin has directed the government and Sberbank, the nation’s largest bank, to deepen collaboration with China in the development of AI. The announcement, published on the Kremlin’s website, comes three weeks after Putin unveiled plans for Russia to work alongside BRICS nations and other partners to advance AI technologies. Sberbank, which leads Russia’s AI initiatives, has been tasked with fostering technological cooperation with China.
That move reflects Russia’s efforts to circumvent Western sanctions that have restricted its access to key technologies, including microchips essential for AI development. The sanctions have caused major global chip manufacturers to halt exports to Russia, creating significant hurdles for its AI ambitions.
Sberbank CEO German Gref admitted that replacing GPUs, the microchips vital to AI, remains a critical challenge for the country. By partnering with non-Western allies, Russia aims to counterbalance US dominance in the rapidly evolving AI sector, which Putin has described as a cornerstone of the 21st century.
As part of this strategy, a newly proposed AI Alliance Network will unite experts from BRICS nations and other interested states to bolster innovation and investment. However, Russia still lags behind its competitors, ranking 31st in the Global AI Index, far below leaders like the US, China, and even BRICS partners India and Brazil.
Due to national security concerns, the US Commerce Department announced plans to consider new rules restricting or banning Chinese-made drones. The proposed regulations, open for public comment until 4 March, aim to safeguard the drone supply chain against potential threats from China and Russia.
Officials warn that adversaries could exploit these devices to access sensitive US data remotely. China dominates the US commercial drone market, with DJI, the world’s largest drone manufacturer, accounting for more than half of all sales.
The Biden administration has already taken steps to curb Chinese drone activity. In December, President Joe Biden signed legislation requiring an investigation into whether drones from companies like DJI and Autel Robotics pose unacceptable security risks.
If unresolved within a year, these companies may be barred from launching new products in the US. Additionally, DJI has faced scrutiny over alleged ties to Beijing’s military and accusations of violating the Uyghur Forced Labor Prevention Act, claims the company denies.
US Commerce Secretary Gina Raimondo hinted at measures similar to those targeting Chinese vehicles, focusing on drones with Chinese or Russian components. While DJI disputes allegations of data transmission and surveillance risks, US lawmakers remain concerned.
The evolving landscape underscores Washington’s broader efforts to address perceived security vulnerabilities in Chinese technology.
Apple has announced rare discounts on its latest iPhone models in China, offering up to 500 yuan ($68.50) off in a bid to counter growing competition from domestic rivals like Huawei. The promotion, running from 4 January to 7, applies to several iPhone models when purchased through specific payment methods, such as WeChat Pay or Alipay.
The flagship iPhone 16 Pro and iPhone 16 Pro Max, priced at 7,999 yuan and 9,999 yuan, respectively, will receive a maximum discount of 500 yuan. Meanwhile, the iPhone 16 and iPhone 16 Plus will see a 400 yuan reduction. The offer extends to older iPhone models and other products, including MacBook laptops and iPad tablets, with discounts ranging from 200 to 300 yuan.
That move comes as Apple faces a challenging environment in China, where economic pressures and intensifying competition have weighed on consumer spending. Huawei has reemerged as a formidable competitor, significantly boosting its market presence with locally-made chipsets and aggressive pricing.
While Apple briefly dropped out of China’s top five smartphone vendors in mid-2024, it regained some ground later in the year despite a slight dip in sales. By offering these discounts, Apple aims to retain its footing in the world’s largest smartphone market amid Huawei’s resurgence and a cautious economic climate.
Tesla’s energy storage Megafactory in Shanghai has commenced trial production, marking a milestone in US-China cooperation on climate solutions. The facility, Tesla’s second in the city, is dedicated to producing Megapacks, with full-scale production anticipated by early 2025. Initial capacity is set at 10,000 units annually, equating to approximately 40 gigawatt-hours of energy storage.
The plant highlights Tesla’s confidence in China’s manufacturing capabilities and commitment to investing in its thriving new energy sector. Rapid construction saw trial production launched within seven months, a record for the company in the region. The factory, spanning 200,000 square metres, represents a $201.7 million investment and is the first of its kind built outside the US.
China’s robust infrastructure and favourable business environment have been crucial to the project’s success. Shanghai remains a key hub for Tesla, which recently celebrated the production of its three-millionth vehicle at its other Gigafactory in the city. Foreign investment in China continues to rise, reflecting the nation’s efforts to support global investors through supply chain access and policy initiatives.
Collaboration between China and the US in energy storage underscores the potential for market-driven solutions to climate challenges. Tesla’s Shanghai ventures exemplify the mutual benefits of such cooperation, reinforcing the impracticality of decoupling in an interconnected global economy.
