United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
Nvidia Develops New Location-Verification Technology for AI Chips 
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Chinese cloud providers are offering access to NVIDIA’s AI GPUs for just $6 an hour, nearly half the price of similar services in the US. Despite US sanctions, Chinese companies continue to acquire and rent these processors through global channels.
NVIDIA AI GPUs Available for $6/Hour in China
According to a recent revelation by WCCFTECH, Chinese AI engineers have been able to gain access to NVIDIA's processors through a network of global brokers that facilitate anonymous Bitcoin payments.
Interestingly, Chinese CSPs are already renting out their hardware stack, according to The Financial Times, and the costs are incredibly lower than what US corporations are giving.
China's Tiny Cloud Providers Offer AI Servers at $6/Hour
It has come to light that tiny cloud service providers in China offer organizations an AI server with eight NVIDIA A100 AI GPUs for as little as $6 per hour, a price that is approximately half as high as the identical configuration in the US, which would cost around $10.
Interestingly, rental prices in China are far lower than in other places because NVIDIA's H100 and A100 AI GPUs are widely available there, even though the US has restrictions on them.
An entrepreneur in China claims that over 100,000 of NVIDIA's H100 AI accelerators are in circulation, with many of them being sold openly on Xiaohongshu and Alibaba's Taobao. The small size of the chips makes them ideal for smuggling across China.
NVIDIA H100 Prices Drop in China After Biden’s Chip Ban
In China, NVIDIA's H100 is selling for $23,000 to $30,000. This is a significant decrease from its exorbitant black market price after the Biden government banned sales of the chip.
Beyond this, it's safe to assume that the sanctions haven't affected the markets much, as numerous Chinese enterprises are establishing overseas branches and purchasing NVIDIA's AI chips to circumvent US regulations.
