nytimes.com
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In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.

    • zero@fek.xyzOP
      8·
      9 months ago

      On Wednesday, Jensen Huang, Nvidia’s chief executive, met with President Trump at the White House and agreed to give the federal government its 15 percent cut, essentially making the federal government a partner in Nvidia’s business in China, said the people familiar with the deal. The Commerce Department began granting licenses for A.I. chip sales two days later, these people said.

      Sounds very unusual, so Nvidia is giving a kickback to the White House?

      • Wispy2891@lemmy.worldEnglish
        5·
        9 months ago

        How the government can use the bribe for R&D?

        At most can get a “mom: we have deepseek at home” meme model