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Russia slams U.S. restrictions on AI chip exports as "protectionist"

Jan 17, 2025

Moscow [Russia], January 17: Washington's decision to impose restrictions on the export of AI chips is a harmful protectionist measure, Russian Foreign Ministry spokesperson Maria Zakharova said on Thursday.
"The latest package of restrictive measures introduced by the (Joe) Biden administration ... is a continuation of Washington's destructive policy aimed at containing China's development," Zakharova said at a briefing.
She stressed that instead of promoting fair competition and mutually beneficial cooperation, Washington and its allies are relying on "protectionist methods," "illegal sanctions pressure" and other politically motivated restrictions.
The Biden administration introduced new restrictions on the export of advanced computer chips essential for artificial intelligence on Monday.
Source: Xinhua News Agency

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A Major Breakthrough in the Diamond Industry: Rajnish Retail Bags Rs1,500 Crore Order, Share Prices Predicted to Surge by 2,000%

New Delhi [India], January 17: Rajnish Retail Limited, a prestigious diamond and jewelry company based in Mumbai, has achieved a historic technical milestone. According to sources, this leading Indian company has secured a massive Rs1,500 crore order from two of the world's largest diamond companies, De Beers and Signet Jewelers. This deal is considered a significant achievement for the Indian company, likely to boost its market value and business substantially. Market analysts predict that the company's share price could witness a tremendous surge following this deal. They believe the share price could grow by approximately 2,000% in the next 10-12 months. Currently priced around Rs14, the share is expected to surpass Rs220 by next year.

Jan 17, 2025