Nvidia's Great Wall of GPUs: China's Hoarding Spree

Press2ToContinue writes: 01.AI, a Chinese AI startup, has stockpiled enough Nvidia AI and HPC GPUs to last 18 months, in anticipation of a U.S. export ban. Looks like 01.AI is taking 'goo big or go home' to a new level with their GPU shopping spree. They're basically the dragon from 'The Hobbit,' but instead of gold, they're hoarding Nvidia chips. Maybe they're planning the ultimate LAN party or just really into extreme Minecraft graphics. Either way, it's like they say: 'In the land of tech embargoes, the one with the secret GPU stash is king.' Or in this case, playing 4D chess while the rest of us are stuck figuring out which port the HDMI cable goes into. 'We have stockpiled a lot of Nvidia chips,' said 01.AI founder Kai-Fu Lee 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 U.S. 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.'

Read more of this story at Slashdot.