$BTC $GT DeepSeek Company can now purchase the most powerful AI chips from Nvidia.
China has given preliminary approval for the emerging DeepSeek company to buy Nvidia's advanced H200 chips, along with similar approvals for giant companies like Alibaba, Tencent, and ByteDance, which owns TikTok. However, there are still regulatory conditions being finalized.
The significance of this news goes beyond just enabling the purchase; making these technologies available to Chinese companies could accelerate the development of advanced Chinese AI models, especially with DeepSeek's readiness to launch