Elon Musk’s artificial intelligence startup xAI has filed a federal lawsuit accusing former employee Xuechen Li of stealing proprietary technology before defecting to OpenAI. The suit, filed Thursday, identifies Li as a “Chinese national” and alleges he copied confidential data from his xAI-issued laptop shortly before resigning and joining the rival AI company.
Two dozen Republican state financial officers have urged the U.S. Securities and Exchange Commission (SEC) to block Chinese companies—and others based in adversarial nations—from qualifying for Foreign Private Issuer (FPI) status on U.S. stock exchanges. The move aims to protect American investors and national security from the growing risks associated with opaque Chinese firms.
A former civilian contractor for the U.S. Department of Defense has been indicted in Germany for allegedly offering to spy for the Chinese government. Identified only as Martin D., the American citizen was arrested in Frankfurt in early November 2024. German federal prosecutors announced the indictment on Monday, citing national security concerns.
Nvidia, the world’s most valuable chipmaker, is quietly developing a new artificial intelligence chip for the Chinese market that complies with U.S. export restrictions but remains more advanced than products currently approved for sale.
