AI
Washington cleared Nvidia chip buyers whose offices were empty, report finds
The Commerce Department has approved Chinese firms to handle Nvidia's H200 accelerators even where the companies have little visible presence, according to a New York Times investigation summarised by The Verge. Reporters found New Matrix's listed office empty, with no directory entry for the 17-month-old company at its address or at the industrial park's property manager. Its owners are tied to a private equity firm blacklisted by Washington since 2024. The report describes the case as part of a pattern rather than a single lapse.