Trump didn’t rake in billions from crypto because he’s talented. He made that haul because he’s president. A column on Trump, crypto and corruption — and why no one is doing anything about it: https://t.co/F6QMj6oFyR
“During the Biden administration, the US began more broadly restricting sales of A.I. chips to China out of concern the technology would help China advance militarily. But Mr. Trump eased some of those limits after lobbying by Nvidia’s chief executive, Jensen Huang.”
https://t.co/GgMp3Hp1aO
The story keeps getting crazier. To recap everything that has been reported so far:
- The US intelligence community discovered that Jensen Huang, the CEO of the largest company in the world, was sleeping with Alice Huang, a Chinese spy and an executive at Megaspeed. (FT)
- Multiple independent investigations have concluded that Megaspeed is likely a Chinese cutout, which helps Chinese companies access AI chips or circumvent export controls. (NYT and Bloomberg)
- The US intelligence community also concluded that Alice Huang’s goal was to convince Jensen to lobby the U.S. government to loosen export controls on advanced AI chips. (NYT)
- The intelligence community relayed this information to “a small group of top US government officials” earlier this year. (FT)
- Over the last year, Jensen Huang has repeatedly lobbied the U.S. government to loosen export controls on advanced chips. @BISgov has done so, not only by permitting the export of H200 chips to China, but also not enforcing export controls that would have required a license for exports of the most advanced Blackwell chips to Megaspeed and Southeast Asia.
- Although @CommerceGov leadership was presumably briefed on this information by the U.S. intelligence community, @BISgov has taken no actions to tighten controls on Megaspeed or Southeast Asia.
- Megaspeed remains a preferred cloud partner of Nvidia, and continues to receive Nvidia Blackwell chips despite employing a Chinese spy who reportedly is romantically engaged with the CEO of Nvidia.
- Tens of billions of dollars worth of AI chips have been exported to Southeast Asia this year alone, and Malaysia and Singapore are now two of the four largest importers of AI chips in the world.
What is going on here??? We need answers. The question of who gets the most advanced AI chips in the world is literally the defining strategic question of our time. And not only does it seem like the MSS may be directly influencing the debate on export controls in the United States, but also @CommerceGov is refusing to listen to the warnings of the IC on this issue. What is a POSSIBLE good explanation for why Megaspeed is still receiving chips? Why is there not a license requirement for AI chip shipments to all of Southeast Asia? This is beyond strange at this point.
The fallout from this story will be massive. Obviously, the motivations underpinning Nvidia’s policy views opposing export controls must now all be questioned. But also, how did @BISgov sit on this information and has still taken no actions? We need answers.
That time Trump told me that he admired Orson Welles because the legendary director would run over-budget, be “impossible” and “destroy everything.” https://t.co/s3C8HsTArB
"It may be very hard for the Republicans to take back the Senate before 2032," @RonBrownstein says. "I do not believe a Senate of one party will ever in our lifetime again confirm a Supreme Court nominee from a president of the other party."
https://t.co/DwnSfYCz7P
It was a historic night for the Democrats. What comes next and which races are we still watching? 🇺🇸
🎥 Tune in @ 8:30 am ET as @TimOBrien discusses LIVE with @MaryEllenKlas and @RonBrownstein https://t.co/eoCuOJy1qN
A phenomenal moment in the Senate.
Eric Schmitt, R-Mo., claims he has evidence Jack Smith went to a HAWKS game in Atlanta.
Smith denies it.
Schmitt declares he has busted Jack Smith for perjury.
Smith, vexed, says he went to HAWKEYES game in Maryland.
Watch the whole thing:
We Must Pace the Frontier: I’ve written a new essay on why the AI industry should slow down, with a three-part plan for doing so.
Anthropic is unilaterally committing to the first of these steps. We’ll provide third-party evaluators with permanent, employee-level access to our systems, so that they can verify adherence to our safety measures, report on incidents, and assess models’ alignment during training.
You can read the full post here: https://t.co/OGyPb7yaYt
The striking 19-page legal document undermined everything that President Trump has been saying about the damage to the Reflecting Pool for the past six weeks, including the claim that vandals had used a box cutter to slash the floor of the pool https://t.co/uiXercOo8J
Trump says banks closed his accounts after the Jan. 6 insurrection for political reasons. Capital One Financial Corp. said in a court filing that it closed them after an internal review by the bank’s anti-money laundering team raised red flags.
https://t.co/5U6rRekFcj
NEW: BBC ups pain level for Trump in his $5-10B defamation suit over BBC's #Jan6 documentary editing. Magistrate judge rules finances of Trump's biz empire are fair game for discovery as are some queries related to his intentions & actions that day. https://t.co/649YRDQQmh
Donald Trump has earned more money in his first and second year, in his second term as president, than in the previous 60 years of his business career. On this episode of Everybody's Business @TimOBrien, @chafkin and @svaneksmith talk about whether or not what the president is doing is a grift https://t.co/FwXOY6Ojpu