Bloomberg Tech China Tells Companies to Stop Buying Nvidia Chips
Sep 17, 2025
Eric Baker, CEO of StubHub, delves into the ticket reseller's IPO, exploring its strategy, potential in AI, and upcoming regulatory hurdles. David Risher, Lyft's CEO, discusses the exciting partnership with Waymo to roll out autonomous taxis, focusing on fleet management and scaling robotaxi services. Jonathan Ross, founder of Grok, shares insights on a recent $750M funding round and their innovative LPU architecture aimed at enhancing AI inference in data centers. The conversation weaves through the interplay of technology, finance, and regulation.
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China Pushes Back On NVIDIA Sales
- China's internet regulator told major firms to cancel orders for an NVIDIA chip, pressuring NVIDIA's China sales.
- That move signals escalating geopolitical leverage as local Chinese chipmakers close performance gaps.
Big Tech Dumps Capital Into The UK
- US tech giants pledged tens of billions for AI and quantum infrastructure in the UK during President Trump's visit.
- Those investments strengthen UK-US tech ties and give political leverage on issues like digital services tax.
TikTok Deal Still Lacks Crucial Details
- A proposed US acquisition framework for TikTok would create a U.S.-based app, but key details remain unclear.
- The sticking point is whether China will allow transfer of TikTok's recommendation algorithm and ByteDance's role.