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AI CHIP FRAUD
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Is Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? US probe tracks alleged AI server smuggling routeIs Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? A new report says the US suspects AI servers with ...
- Singapore charges one more individual with AI chip fraudJenny Lim was charged with conspiring with Alan Wei Zhaolun and Aaron Woon Guo Jie in 2024 to commit fraud by misleading Dell that Aperia...
- Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
- AI's $400 billion problem: Are chips getting old too fast?In pursuit of the AI dream, the tech industry this year has plunked down about $400 billion on specialized chips and data centers, but ques...
- Nvidia rejects ‘circular financing’ claims as top short sellers push backNvidia is facing new questions from well-known short sellers about how the AI market is growing. Some experts warn that AI companies may be...
- Paytm to deploy GroqCloud to enhance AI on its platformsPaytm is partnering with Groq, a US-based AI leader. This collaboration will bring ultra-fast AI technology to Paytm's platform. The aim is...
- Tesla gets Texas robotaxi license amid safety lawsuit, Dojo shutdownTesla has been licensed to operate its Robotaxi ride-hailing service in Texas, setting the stage for competition with Uber and Lyft. Howeve...
- Malaysia controls AI chip exports as US targets China smugglingCompanies must notify Kuala Lumpur 30 days before exporting, especially if misuse is suspected.
- Malaysia says trade permit required for AI chips of US originThe move serves to close regulatory gaps while Malaysia reviews the inclusion of high-performance AI chips of U.S. origin in its list of st...
- Singapore case against three on AI chip fraud charges adjourned until August 22The United States banned the export of high-end chips from Nvidia to China in 2022 amid concerns that they could be used for military purpo...
- Malaysia to tighten semiconductor regulations under US pressureMalaysia plans to tighten semiconductor regulations under US pressure to prevent Nvidia chips from reaching China. U.S. officials want Mala...
- Tech world stunned as AI chip scandal unfolds; will Nvidia get caught in the industry-wide fallout?Singapore has charged three men in a fraud case involving Nvidia's AI chips, creating tensions within the tech industry. Despite being a lo...
- Singapore probes final destination of possible Nvidia chip serversK. Shanmugam, who is also the law minister, said the route of the chips emerged in the course of an investigation of three men charged last...
- Singapore charges three with fraud that media link to Nvidia chipsThe Singapore case is part of a broader police investigation of 22 individuals and companies suspected of false representation, amid concer...
- US' new restrictions on AI chip exports aimed at China, Russia: Explained in 10 pointsThe Biden administration issued sweeping rules on Monday governing how A.I. chips and models can be shared with foreign countries. New rule...
- Samsung Electronics replaces memory and foundry business heads in sweeping reshuffleSamsung Electronics appointed Jun Young-hyun as co-CEO and head of its memory chip business, and Han Jin-man as president and head of the f...
- Visa agrees to buy AI-focused enterprise tech firm FeaturespaceTop tech companies are racing to build artificial intelligence into their products and services, leading to surging demand for AI chips, se...
- Canara Bank to open cyber security wing, stepping up AI adoption to predict online frauds & loan defaultsCanara Bank is set to launch a separate cyber-security wing from April 1 to enhance its investment in cybersecurity initiatives and protect...
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