The Information: U.S. moves to close China’s Nvidia cloud loophole

The Commerce Department is finalizing a rule targeting Chinese AI firms’ remote access to advanced chips overseas, The Information reports, citing two people familiar with the process. According to Gizmodo, the rule would require local cloud providers in seven countries to obtain U.S. licenses before receiving Nvidia Blackwell or newer chips. U.S.-operated data centers would be exempt if they block access from restricted countries such as China, Gizmodo reports.