Strict US rules halt Alibaba’s and Baidus’ AI chip development

Open editors summary for free FT editor-in-chief Rola Khalaf selects her favorite stories in this weekly newsletter. Washington’s tightening of controls on chip exports could leave Chinese tech groups relying on obsolete and stockpiled chips to pursue their AI ambitions, and industrial giants Alibaba and Baidu face new hurdles to build their latest self-designed AI …

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