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Huawei tells customers to find their own AI chip memory, effectively outsourcing procurement to the black market

Huawei is telling customers to source the high-performance memory for its AI chips on their own, pushing them onto the black market. Smugglers are exploiting a loophole in U.S. export rules by bundling HBM with low-end processors, shipping them through Hong Kong, and separating the chips on site.

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Goldman Sachs pulls AI coding tools from traders and bankers

Goldman Sachs is pulling AI coding tools like Claude Code and GitHub Copilot from traders and bankers, limiting access to engineers only. As recently as July, CIO Marco Argenti publicly praised "vibe coding" by non-technical staff. Now the bank cites "productivity and risk management" as the reason for the reversal.