- Nvidia Corp. is set to restart sales of its H20 AI chip in China after receiving assurance from the US government for approval, a significant shift from previous restrictions under the Trump administration.
- The move marks a positive development for Nvidia’s business in China and signifies improved trade relations between the US and China in the technology sector.
AI poised to slash banking costs by 20%, says McKinsey
McKinsey’s report highlights AI’s potential to significantly reduce banking costs while emphasizing the importance of early adoption for competitive advantage.