An investigation has revealed that $1 billion worth of restricted NVIDIA AI GPUs were smuggled into China over a three-month period.

The Nvidia chief’s praise for Chinese companies suggests a recognition of their growing influence in the global AI ecosystem. Open-source approaches to AI development allow for wider access to foundational models and accelerate innovation by enabling developers worldwide to build upon existing frameworks.

From border tensions between Thailand and Cambodia to China’s mega dam construction, here are highlights from SCMP’s recent reporting.

NVIDIA GB200 AI servers are somehow being smuggled into China, even after CEO Jensen Huang says they weigh two tons and can't get there.

In its most recent quarter, Nvidia reported a formidable $53.7 billion in cash and marketable securities, a 71% increase from $31.4 billion the year prior. That cash generated $515 million in interest income during the quarter, more than double the $244 million paid out in dividends.

CNBC's Andrew Ross Sorkin reports on the latest news.