China Approves ByteDance, Alibaba, Tencent to Buy Nvidia H200 AI Chips

• China has approved three major tech companies: ByteDance, Alibaba, and Tencent, to purchase Nvidia's H200 AI chips.
• The approval marks a significant policy shift as China aims to advance in the global AI race.
• These companies are collectively cleared to buy over 400,000 H200 chips, with other firms awaiting similar government approvals.
• Beijing's approval comes with conditions, and regulators are exploring ways to limit access, including strict licensing and customs checks.
• Former US President Donald Trump authorized Nvidia to sell H200 chips to China, excluding the more advanced Blackwell chip, a deal potentially worth billions.

Why It Matters: China greenlights major tech firms to acquire Nvidia H200 AI chips, signaling a strategic push in AI development.