Did two US corporations just bribe the US government? And did the government take the bribe?
The Financial Times said no U.S. company has ever agreed to split revenue with the government as a condition of obtaining an export license.
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report Sunday.
Nvidia and AMD obtained U.S. export licenses for the Chinese market last week for its H20 and MI308 artificial-intelligence chips, respectively, on the condition of an unprecedented revenue-sharing agreement.
“The decline of community in the modern world has as its inevitable religious consequence the creation of masses of helpless, bewildered individuals who are unable to find solace in Christianity regarded merely as creed.”
Robert Nisbet
American diplomacy should continue to stand up for genuine democracy, freedom of expression, and unapologetic celebrations of European nations’ individual character and history. America encourages its political allies in Europe to promote this revival of spirit, and the growing influence of patriotic European parties indeed gives cause for great optimism. Our goal should be to help Europe correct its current trajectory.
The White House
The National Security Strategy Document
Games stimulate the mind. Kids thrive on mental stimulation. Games teach kids to triumph over challenging problems.
This story out of India: Sarwagya Singh Kushwaha was born in 2022. At 30 months he started learning chess. By age three he had defeated five ranking members of the International Chess Federation, earning him his own official ranking. What’s next? Recognition as a grand master as he continues learn about how chess works, and how victory is achieved against some of the most active minds of his generation.