A post by @DeItaone on X.
US COMMERCE DEPARTMENT DELAYS MEGASPEED’S INCLUSION ON TRADE BLACKLIST - FT
@DeItaone on X
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The US Commerce Department has delayed adding Megaspeed to its trade blacklist, according to the Financial Times. The postponement keeps the Singapore-based AI cloud and GPU computing firm off the restricted entity list for now, leaving its access to US chip technology intact. The delay matters because blacklisting would have imposed export licensing requirements on US suppliers dealing with Megaspeed, potentially disrupting its GPU capacity and the AI cloud services it provides. Watch for the Commerce Department's final decision and any signals on whether the delay reflects ongoing negotiations or unresolved concerns over Megaspeed's ties.
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Named in this story
US Commerce Department, Megaspeed, Financial Times