US approves NVIDIA H200 AI sales to Obscure New Matrix
The US has approved NVIDIA to sell its H200 AI chips to a Chinese company called New Matrix, but here's the weird part: New Matrix seems almost invisible, with an office that's basically empty and no real trace online.
This has people questioning how closely companies are checked before getting access to sensitive tech.
New matrix linked to US-Blacklisted firm
New Matrix popped up only 17 months ago and is linked to a Chinese private equity firm that's actually been blacklisted by the US since 2024.
This isn't the first time companies with security red flags have gotten approval for NVIDIA chip sales.
The rules around selling these chips have shifted: first tightened under Biden, then loosened under Trump after NVIDIA agreed to give the government a 15-percent cut of all sales.
To add another twist, while pushing for fewer trade restrictions, NVIDIA's CEO was reportedly targeted in an espionage attempt by China's security ministry, making this whole situation even more complicated.