The US let Nvidia sell chips to an empty office in China

Concerns are being raised that neither the Commerce Department nor Nvidia are doing their due diligence when it comes to vetting Chinese firms cleared to handle the company's H200 AI chips. According to The New York Times, New Matrix is on the list of approved firms, yet its offices are empty, "a hollow gray shell with wires dangling from the ceiling where lights should be." In fact, the paper could find little evidence that the company exists in any meaningful way:

Only scant information can be found online about New Matrix, which was created 17 months ago. At the building that New Matrix lists as its address, a company directory does not …

Read the full story at The Verge.