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US Commerce Department Closes Loophole Letting Chinese AI Firms Acquire Advanced Chips Through Overseas Subsidiaries

US Commerce Department Closes Loophole Letting Chinese AI Firms Acquire Advanced Chips Through Overseas Subsidiaries

Jun 02, 2026
TNW | Nvidia

The US Commerce Department closes a major loophole that allowed Chinese AI firms to secretly acquire advanced Nvidia and AMD chips through overseas subsidiaries, tying export restrictions to a company's headquarters nationality rather than physical location — though hundreds of thousands of chips may have already slipped through during a …

Geopolitics Hardware Regulation
Musk's Claims About SpaceX-Anthropic Deal Directly Contradict Company's Own SEC Filing

Musk's Claims About SpaceX-Anthropic Deal Directly Contradict Company's Own SEC Filing

May 29, 2026
TechCrunch

Elon Musk's public claims about SpaceX's compute deal with Anthropic directly contradict SpaceX's own SEC S-1 filing, which describes a three-year, $1.25 billion-per-month cloud services agreement through May 2029 — raising serious legal concerns about potential material misrepresentation during a quiet period while marketing securities to investors.

Legal Funding Business Regulation
Federal Agencies Surveilling Americans Critical of AI and Data Centers Under New 'Anti-Tech Violent Extremism' Label, Documents Reveal

Federal Agencies Surveilling Americans Critical of AI and Data Centers Under New 'Anti-Tech Violent Extremism' Label, Documents Reveal

May 27, 2026
WIRED

Newly obtained FOIA documents reveal that DHS, FBI, and fusion centers are surveilling Americans who criticize AI and data centers under a new 'anti-tech violent extremism' label, with civil liberties experts warning that constitutionally protected speech and peaceful protest are being swept into domestic terrorism frameworks.

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