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Yahoo
20 minutes ago
- Yahoo
China cites ‘backdoor safety risk' in Nvidia's H20 AI chip; company denies allegation
Chinese authorities have summoned U.S. chip giant Nvidia Corp. over alleged security vulnerabilities in its H20 processor, a move that could complicate the company's efforts to re-enter the Chinese market just as Washington and Beijing struggle to make progress on a renewed trade truce. The Cyberspace Administration of China (CAC) called Nvidia representatives to a meeting to discuss 'serious security risks' tied to its H20 AI chip, Bloomberg reported, citing a statement from the internet watchdog. The agency pointed to comments from U.S. lawmakers advocating for tracking capabilities in advanced chips sold overseas, and asked Nvidia staff to explain potential vulnerabilities and provide supporting documentation. The probe casts a shadow over Nvidia's China business weeks after co-founder and CEO Jensen Huang visited Beijing and met with local AI firms and officials. While the company has denied any wrongdoing, saying its chips do not contain so-called 'backdoors', the timing of the investigation has raised eyebrows in the tech and policy communities. Security doubts cloud comeback 'The CAC's scrutiny over H20 security risks could further erode Nvidia's Chinese market share amid rising domestic competition, and immediate H20 sales resumption may face delays due to regulatory uncertainty,' Forrester analyst Charlie Dai told Bloomberg. 'It also aligns with China's broader push to accelerate domestic semiconductor alternatives for technological self-reliance amid U.S. export controls.' The H20 chip was designed specifically to comply with U.S. export restrictions on advanced semiconductors. Washington recently lifted some of those curbs, reportedly in return for increased access to Chinese rare earth minerals, just as trade talks in Stockholm aimed to extend a temporary tariff truce. While those negotiations were described as 'constructive,' no concrete resolution emerged. U.S. Commerce Secretary Howard Lutnick had framed the resumption of H20 sales as a breakthrough following earlier discussions in London, a claim that now appears increasingly uncertain. Domestic rivals gain ground The CAC's move also boosts local competitors. Huawei's Ascend 910C chip is now seen as a viable domestic alternative to the H20, particularly for inference workloads. According to Bloomberg, Huawei Technologies Co. now spearheads a nationwide effort to develop homegrown technologies to reduce China's reliance on American hardware and circuitry, and catch the U.S. in potentially game-changing technologies. Nvidia, meanwhile, reiterated in a statement that 'cybersecurity is critically important to us' and denied any claims of remote access or tracking features. 'Nvidia does not have 'backdoors' in our chips that would give anyone a remote way to access or control them,' the company said. As both countries tiptoe through fragile trade negotiations and navigate semiconductor nationalism, Nvidia's experience could signal deeper fault lines in tech diplomacy. While the H20 was initially hailed as a compromise chip to satisfy both regulators and customers, its future now hinges on a political equation that continues to shift. Solve the daily Crossword
Yahoo
20 minutes ago
- Yahoo
Pope Leo tells hundreds of thousands of young Catholics to build a better world
By Joshua McElwee ROME (Reuters) -Hundreds of thousands of young people filled a vast field on the outskirts of Rome on Saturday to see Pope Leo, in the largest event yet of the new Catholic pontiff's tenure, as part of a special weekend aimed at energizing Catholic youth. Young people from more than 146 countries, some wearing colourful bandanas to ward off the hot summer sun, were pressed against fences in the Tor Vergata field as Leo toured the crowd in his white popemobile in late afternoon. The pope, smiling broadly, waved, offered blessings and occasionally caught small stuffed animals and national flags thrown by the youth as he passed by. "Dear young people ... my prayer for you is that you may persevere in faith, with joy and courage," Leo said in remarks later to the crowd. "Seek justice in order to build a more humane world," he said. "Serve the poor, and so bear witness to the good that we would always like to receive from our neighbours." Many of the youth attending the event with Leo spent all day waiting in the field in heat approaching 30 degrees Celsius (86°F) to see the pope. Organizers were using water cannons to help cool down people in the crowd. "For me, it is an incredible emotion because I had never been to an event like this before," said Maya Remorini, from Italy's Tuscany region. She said her group had arrived around 5 a.m. that morning. Many of the youth are expected to sleep in the field overnight, waiting for a second chance to see Leo on Sunday morning, when the pope is due to celebrate a Catholic mass. The weekend events are tied to the ongoing Catholic Holy Year, which the Vatican says has attracted some 17 million pilgrims to Rome since it started at the end of 2024. Leo, the first U.S.-born pope, was elected on May 8 by the world's cardinals to replace the late Pope Francis. Solve the daily Crossword
TechCrunch
37 minutes ago
- TechCrunch
Lina Khan points to Figma IPO as vindication for M&A scrutiny
A surprising figure is celebrating Figma's successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma's impressive first day of trading and argued the IPO is 'a great reminder that letting startups grow into independently successful businesses, rather than be bought up by existing giants, can generate enormous value.' Khan was alluding to a $20 billion deal for Adobe to acquire Figma that fell through back in 2023. While Adobe cited the lack of a 'clear path' to approval from the European Commission and the U.K. Competition and Markets Authority, the acquisition also faced regulatory scrutiny in the United States over concerns that it could prevent Figma from being an 'effective competitor' to Adobe. Khan was FTC chair at the time, leading the agency to challenge Big Tech on fronts including startup acquisitions — to the point that companies tried to avoid this scrutiny with 'reverse acqui-hires' in which they hired key team members and licensed technology rather than acquiring startups outright. (The practice seems to be continuing despite Khan's departure from the FTC.) While her aggressive stance led to intense criticism from corners of the tech industry, she defended her approach by saying that only a tiny percentage of deals received 'a second look' and arguing that founders would ultimately benefit from 'a world in which you have six or seven or eight potential suitors' rather than 'just one or two.' And although Khan — who'd been appointed by President Joe Biden — resigned at the start of the second Trump administration, her comments Friday paint the Figma IPO as a vindication for her approach, calling the IPO 'a win for employees, investors, innovation, and the public.' Of course, Khan's critics are more likely to see Figma's success as coming despite regulatory scrutiny, not because of it. For example, Wedbush Security analyst Dan Ives told Business Insider, 'Figma is a massive success, but it's because of the company's innovative growth and not due to the FTC and Kahn.'
