nvidia, google and $4 million Updates

Federal prosecutors have accused four individuals—Hon Ning Ho (also known as Mathew Ho), Cham Li (Tony Li), Jin Chen (Harry Chen), and Brian Raymond (Brian Curtis Raymond)—of illegally smuggling hundreds of advanced Nvidia AI chips and HP supercomputers to China. This alleged scheme, which ran from late 2023, involved using a fake real estate business, Janford Realtor LLC, in Tampa, Florida, and submitting false documents to bypass US export laws. The group reportedly sold about 350 to 400 Nvidia chips, including H100s, A100s, and attempted to smuggle 50 H200 chips and 10 HP supercomputers, for nearly $4 million (with one report citing $3.9 million) paid by Chinese companies. These chips are restricted due to concerns they could aid China's military and AI surveillance efforts. If convicted, the defendants face up to 20 years in prison, and Brian Raymond's job offer as CTO at Corvex was rescinded following the charges. Nvidia maintains its export system is strict, making such smuggling difficult and risky. In other AI news, Perplexity AI has launched its Comet web browser for Android devices, with an iOS version on the way, intensifying its competition with Google in the search market. Comet features an AI assistant capable of answering questions, summarizing webpages, and completing online tasks using voice or text commands, along with a built-in ad blocker. Meanwhile, the American Medical Association (AMA) adopted new policies to enhance AI training for medical students and doctors, focusing on ethics, bias, and safe use. They also addressed deepfake technology, noting its educational potential but warning of misinformation risks. Complementing this, House Democrats proposed legislation to create a grant program offering up to $100,000 annually to medical schools for AI training, distributing $1 million each year from 2026 to 2030 to boost AI literacy among future healthcare providers. On the cybersecurity front, Factory.ai successfully disrupted a sophisticated, AI-powered cyber fraud campaign in October, which used AI coding agents to build infrastructure and adapt to defenses in real time. This operation, believed to be a large, China-based effort possibly linked to a state actor, exploited free computing power to hide various cybercrime activities. The broader impact of AI on the workforce is also a growing concern, as AI may limit career advancement for young workers by replacing entry-level jobs; entry-level postings in the US dropped 35% from January 2023 to June 2025. However, enterprises are increasingly adopting AI for growth, shifting to intelligent platforms for tasks like predicting failures and speeding up testing. Subgen AI AB, formerly Magnasense AB, completed a reverse takeover and will begin trading under the new ticker SUBGEN on Nasdaq First North Growth Market on November 21, 2025, as an enterprise AI company. Additionally, RebuilderAI's VRING:ON platform earned two CES 2026 awards for its innovative design-to-manufacturing capabilities, and Newsweek will host a webinar on December 4 to discuss the myths and realities of AI for the SaaS industry.

Key Takeaways

• Four individuals are accused of illegally exporting hundreds of advanced Nvidia AI chips and HP supercomputers to China, violating US export laws.
• The alleged smuggling operation involved Nvidia H100, A100, and H200 chips, valued at nearly $4 million, and used a fake company, Janford Realtor LLC.
• Perplexity AI launched its Comet web browser for Android, featuring an AI assistant and ad blocker, aiming to compete with Google in the search market.
• The American Medical Association adopted new policies to improve AI training for medical students and doctors, emphasizing ethics, bias, and safe use.
• House Democrats proposed a grant program to provide $1 million annually from 2026 to 2030 for AI training in medical schools and residency programs.
• Factory.ai disrupted a sophisticated, AI-powered cyber fraud campaign in October, believed to be a large, potentially state-linked operation from China.
• AI is impacting career growth for young workers, with entry-level job postings in the US decreasing by 35% from January 2023 to June 2025.
• Enterprises are increasingly adopting AI for business transformation, focusing on intelligent platforms, modular design, and workforce training.
• Subgen AI AB, formerly Magnasense AB, will trade under the new ticker SUBGEN on Nasdaq First North Growth Market starting November 21, 2025.
• RebuilderAI's VRING:ON platform received two CES 2026 awards in the FashionTech and AI categories for its innovative design-to-manufacturing processes.

US charges four for smuggling Nvidia AI chips to China

Federal prosecutors charged two Chinese nationals and two US citizens with illegally shipping hundreds of advanced Nvidia chips to China. The group used a fake real estate business in Tampa, Florida, called Janford Realtor LLC, to move chips like H100s and A100s through Malaysia. This scheme ran from September 2023 until November 2025, violating US export laws meant to prevent China from using AI chips for military purposes. Hon Ning Ho, Cham Li, Jin Chen, and Brian Raymond face charges and could get up to 20 years in prison.

AI founder accused of $4 million Nvidia chip smuggling

Brian Raymond, founder of Bitworks, and three others face charges for illegally selling Nvidia's powerful AI chips and HP supercomputers to Chinese companies. The group allegedly sold about 350 Nvidia chips, including H100s and A100s, and ten HP supercomputers for nearly $4 million. This scheme violated US laws enacted in 2022 that ban exporting such chips to China without a license. The Department of Justice states these chips could help China's military and AI surveillance. Raymond's job offer at Corvex was rescinded due to the allegations.

Four charged for smuggling Nvidia chips to China

Federal prosecutors charged Mathew Ho, Brian Curtis Raymond, Tony Li, and Harry Chen with illegally smuggling Nvidia GPUs and HP supercomputers to China. The group allegedly used a fake company, Janford Realtor LLC, in Tampa, Florida, to export advanced chips like H100s and A100s without licenses. This scheme started in late 2023, violating US export laws designed to prevent China from using these powerful AI tools for military purposes. Nvidia stated its export system is strict and that smuggling is difficult and risky. Brian Raymond's job offer at Corvex was rescinded following these charges.

Four indicted for smuggling Nvidia chips to China

US authorities indicted Hon Ning Ho, Jin Chen, Cham Li, and Brian Raymond for allegedly conspiring to illegally ship Nvidia chips and supercomputers to China. The group exported around 400 Nvidia A100 GPUs and tried to smuggle 50 H200 chips and 10 Hewlett Packard Enterprise supercomputers. Two Chinese companies reportedly paid them nearly $3.9 million for these illegal exports. Prosecutors stated these advanced semiconductors could aid China's military and surveillance efforts. The defendants face up to 20 years in prison if convicted, and Brian Raymond's job offer from Corvex was rescinded.

Feds charge four in Nvidia chip export plot

Federal authorities charged four men, including Brian Curtis Raymond and Mathew Ho, for illegally exporting millions of dollars worth of Nvidia chips to China and Hong Kong. The indictment, unsealed Thursday, states they exported 400 Nvidia A100 chips and attempted to ship 10 HP supercomputers with H100 GPUs and 50 H200 GPUs. These chips are restricted due to their use in AI and supercomputing, which the US fears China could use for military modernization. The group used a fake company, Janford Realtor LLC, and submitted false documents to avoid export licenses. Raymond's job offer as CTO at Corvex was rescinded after his arrest.

Four arrested for smuggling Nvidia AI chips

The Justice Department announced Thursday that two Chinese nationals and two Americans were arrested. They are accused of illegally exporting advanced Nvidia chips, which have artificial intelligence uses, to China. This action comes as the US works to control the flow of sensitive technology.

Justice Department charges four in AI chip export plot

The Justice Department charged four men, including Cham Li and Jing Chen, for illegally exporting advanced Nvidia AI chips to China. They allegedly sent 400 Nvidia A100 GPUs between October 2024 and January 2025, with two other shipments stopped by law enforcement. The men used fake paperwork and contracts to move the chips through Malaysia and Thailand without proper licenses. China reportedly paid them nearly $4 million for this scheme, which the US believes supports China's goal of AI leadership and military modernization. If convicted, they face up to 20 years in prison.

AMA boosts AI training for future doctors

The American Medical Association adopted new policies to improve AI training for medical students and doctors. This includes creating learning goals and toolkits for health AI, focusing on ethics, bias, and safe use. The AMA will also work with other medical groups and support ongoing education for current doctors. They also addressed deepfake technology, noting its potential benefits for education but warning about the dangers of misinformation and harm to patients due to a lack of rules. The AMA supports federal laws to regulate deepfake technology and protect patient trust.

Lawmakers propose grants for AI training in medical schools

A group of House Democrats proposed new legislation to create a grant program for artificial intelligence training in medical schools. This program, housed within the Department of Health and Human Services, would offer up to $100,000 annually to qualified medical schools and residency programs. The goal is to boost AI literacy among future healthcare providers for better data analysis, virtual simulations, and personalized education. The program would distribute $1 million each year from 2026 to 2030, requiring schools to report on how they use the funds and integrate AI training into their courses.

Perplexity launches AI browser Comet on mobile

Perplexity AI launched its Comet web browser for Android mobile devices, with an iOS version coming soon. This expands its competition with Google in the search market. Comet features an AI assistant that can answer questions, summarize open webpages, and complete online tasks using voice or text commands. The mobile browser also includes a built-in ad blocker. Perplexity aims to integrate its AI assistants across various platforms, and many companies have requested to include Comet in their services.

Perplexity launches AI browser Comet for Android

Perplexity launched its AI-powered browser, Comet, for Android devices, with an iOS version planned for the near future. The mobile browser includes most features from its desktop version, allowing users to set Perplexity as their main search engine. Users can ask the AI assistant questions about open tabs, use voice commands, and have it summarize searches across multiple pages. Comet can also research and shop for users and comes with a built-in ad blocker. Android was prioritized due to high demand from various device makers and carriers.

AI trends boost automated podcast formats

Market Domination LLC observed a growing interest in automated podcast formats due to new AI listening trends. As AI systems increasingly provide information in spoken or structured ways, businesses are exploring structured audio content. This helps organizations offer clear and consistent explanations without needing a lot of production resources. These automated formats are useful for introductory materials, frequently asked questions, and internal communication. Seth Greene, founder of Market Domination LLC, noted that structured audio helps businesses deliver clear explanations efficiently.

AI-powered cyber fraud campaign disrupted

Factory.ai detected and stopped a highly automated cyber fraud campaign in October. Attackers used AI coding agents to build their infrastructure and adapt to defenses in real time. Their goal was to exploit free computing power from multiple AI products to resell access and hide various cybercrime activities. The operation created tens of thousands of fake organizations, sending unusual traffic to the platform. Factory.ai believes a large, China-based operation, possibly linked to a state actor, was behind this sophisticated AI-orchestrated attack.

Subgen AI AB to trade under new ticker SUBGEN

Subgen AI AB, formerly Magnasense AB, completed a reverse takeover of Subgen AI Limited on November 6, 2025. The company has now changed its name to Subgen AI AB and updated its website. Its ordinary shares will begin trading under the new ticker SUBGEN on Nasdaq First North Growth Market starting November 21, 2025. Warrants TO 5 and TO 6 will also trade under new tickers. Subgen AI is an enterprise artificial intelligence company that develops infrastructure and AI-as-a-Service software called Serenity Star, serving sectors like healthcare and energy.

AI modernization drives enterprise growth

Enterprises are shifting from traditional product engineering to intelligent platforms using AI for future growth. AI is now key to business transformation, helping to predict failures, speed up testing, and offer personalized solutions in real time. To succeed, companies must avoid simply moving old systems to the cloud, buying tools without a clear purpose, or facing resistance from employees. Instead, they should focus on modular design, integrate AI from the start, and invest in training their workforce. This approach helps companies innovate faster, lower risks, and better meet customer needs.

Newsweek webinar explores AI impact on SaaS

Newsweek will host a webinar on December 4 at 11 a.m. ET, titled "The Myths and Realities of AI for SaaS." The discussion will feature Dr. Ranjit Tinaikar, CEO of Ness Digital Engineering, and Gabriel Snyder from Newsweek Nexus. They will explore how AI truly affects the SaaS industry, focusing on areas like engineering productivity, modernizing old systems, and making software development more efficient. The webinar will also cover the hidden costs of AI automation and how vendors can align their plans with what customers will actually pay for.

RebuilderAI wins two CES awards for VRING:ON

RebuilderAI's VRING:ON platform earned two awards at CES 2026. The platform received honors in both the FashionTech and AI categories. These awards recognize VRING:ON for its innovative ability to transform design-to-manufacturing processes.

AI threatens career growth for young workers

Artificial intelligence may limit career advancement for many young workers by replacing entry-level jobs. Companies are cutting roles like data entry and junior analyst positions to save money and increase efficiency. This change breaks the traditional way young people learn skills and move up in their careers. Entry-level job postings in the US dropped 35% from January 2023 to June 2025. Experts warn this trend could create a shortage of experienced workers for future management roles, as 40% of employers globally plan to reduce staff due to AI.

Sources

• US Accuses Four of Smuggling Advanced Nvidia Chips to China
• AI Founder Illegally Shipped Nvidia Chips To China In $4 Million Scheme, DOJ Alleges
• Feds charge four with illegally smuggling Nvidia AI chips to China
• Four Indicted In Alleged Conspiracy To Smuggle Supercomputers and Nvidia Chips to China
• Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong
• Four Arrested In US In Scheme To Smuggle AI Chips To China
• Justice Department charges 4 men in U.S. in scheme to export AI chips to China
• Boost health AI training across medical education continuum
• Lawmakers propose grant program to boost AI training in medical schools
• Perplexity Launches AI Browser on Mobile, Extending Google Rivalry
• Perplexity brings its AI browser Comet to Android
• New AI Listening Trends Highlight Growing Interest in Automated Podcast Formats
• The Droid Wars: Breaking up an AI‑orchestrated cyber fraud campaign
• Subgen AI AB updates its website and announces that the first day of trading under the new ticker will take place on 21 November 2025
• From Product Engineering to Intelligent Platforms: How Enterprises Future-Proof Growth Through AI-Driven Modernization?
• Where AI Is Really Moving the Needle in SaaS: Join Newsweek’s Webinar
• RebuilderAI wins dual CES awards
• Why AI may kill career advancement for many young workers