Chinese electric powered vehicle company Nio claimed it doesn’t expect U.S. limitations on Nvidia to have an effect on the commence-up’s company operations.
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Li reported Wednesday there are quite a few corporations in China with artificial intelligence training chips, and that Nio is assessing opportunities to work with distinctive businesses.
But he reported the U.S. limits would not impact Nio’s long-expression method.
Last week, automaker Geely mentioned it will not be affected by the new limitations, as did autonomous driving start-ups WeRide and Pony.ai.
Earlier this week, Chinese fiscal information web-site Caixin documented that He Xiaopeng, chairman of electric automobile begin-up Xpeng, claimed the restrictions would deliver troubles for all autonomous driving algorithm schooling on cloud computing platforms.
But he claimed the business has acquired sufficient of the significant-tech products and solutions to fulfill demand from customers for the coming a long time, in accordance to the report. Caixin cited He is write-up on a personalized WeChat account, which is comparable to a private Fb information feed put up.
Xpeng did not promptly reply to a CNBC request for comment.
— CNBC’s Arjun Kharpal contributed to this report.