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US approved Chinese firms with empty offices to handle Nvidia's H200 AI chips, NYT finds

A New York Times investigation found that some of the dozens of Chinese companies the US Commerce Department approved to handle Nvidia's H200 chips have empty offices and ties to firms under sanctions over national security. The Verge says one approved firm, New Matrix, has offices the Times describes as a hollow shell. Concerns are being raised about whether the department and Nvidia are vetting these firms properly.

Why it matters: It raises doubts about whether US export rules for AI chips are being enforced in practice.
InvestigationThe Verge