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  "documentTitle": "2024 Air Street Capital The State of AI Report 2024",
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      "text": "US Commerce Secretary Gina Raimondo has warned that \"if you redesign a chip around a particular cut line that enables [China] to do AI I'm going to control it the very next day\".",
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      "text": "NVIDIA's new China chip, the H20 is theoretically significantly weaker than top-line NVIDIA hardware, if you measure by raw computing power. However, NVIDIA have optimised it for LLM inference workloads, meaning it is now 20% faster than the H100 on reasoning tasks. NVIDIA are set to book $12B in sales.",
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      "text": "In last year's report, we documented how NVIDIA had booked over $1B in sales of the A800/H800 (their special China-compliant chip) to major Chinese AI labs. The US then banned sales to China, forcing a rethink.",
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      "text": "US Commerce Secretary Gina Raimondo has warned that \"if you redesign a chip around a particular cut line that enables [China] to do AI I'm going to control it the very next day\".",
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      "text": "China, proportionally, however is becoming less important to US chip manufacturers. It's gone from representing 20% of NVIDIA's data center business to \"mid-single digits\", according to NVIDIA.",
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      "text": "As US export controls widen, previously sanctions-compliant chips have found themselves on the wrong side of tougher performance thresholds. That hasn't deterred chip manufacturers.",
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