OpenAI and Google confirmed providing advanced AI services to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent. Meanwhile, a new US sanctions bill includes provisions easing potential tariffs on China and India. Additionally, U.S. Treasury Secretary Scott Bessent reported a substantial decrease in China's purchases of Iranian oil.
Treasury Secretary Bessent threatens sanctions over IP theft as Nvidia CEO Jensen Huang defends technical 'distillation' as a legitimate learning process.
Read the full storyUS Treasury Secretary Scott Bessent confirms a significant drop in Chinese purchases of Iranian crude as sanctions monitoring intensifies.
The new legislative bill includes provisions designed to mitigate the risk of secondary tariffs or trade penalties against major Russian trade partners.
OpenAI and Google confirmed providing advanced AI services to Singapore-based units of Alibaba, Baidu, and Tencent, sparking fresh regulatory concerns.