Nvidia's Latin America executive denied the region's involvement in smuggling restricted chips to China, amidst escalating US-China competition in artificial intelligence.

Nvidia’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artificial intelligence, Marcio Aguiar acknowledged that the pressure on export controls is real enough to...