- cross-posted to:
- hackernews
- cross-posted to:
- hackernews
The commerce secretary has been writing new rules that would affect Southeast Asian data centers, some of which are clients of his former firm.
In Malaysia’s lush southern peninsula, a data center known as A201 is set to open next year, packed with hundreds of millions of dollars in Nvidia’s most advanced artificial intelligence servers.
The data center plans to supply this computing power to a Chinese tech giant. The setup is legal and profitable. It will also sidestep U.S. rules that ban sales of the most advanced A.I. chips directly to Chinese firms.
The company operating the data center is a client of Cantor Fitzgerald, the financial services firm formerly led by Howard Lutnick, the commerce secretary, who handed off leadership of it to his sons. Mr. Lutnick is now writing the rules that would have a substantial effect on the data center’s business.
Mr. Lutnick has been seen as a force slowing rules that would clamp down on the sale of Nvidia chips to data centers like A201, which sit outside China but provide A.I. computing power to Chinese firms.
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Lutnick is getting thrown under the bus so hard. It’ll be interesting how his Congressional testimony goes, since this was blatant corruption on his part, and because he’s on record stating he knew Epstein was using children for sex after his first arrest in 2005 and continued to visit his island and work with Epstein basically up until his second arrest in 2019.
This is the criminal that coordinated billions in theft via the tariff refunds. He should have his assets seized and spend the rest of his life in prison, like thousands of other fascists.
Also, also… He’s a pedofile.
What a parasitic, dangerous moron Lutnick is. If you changed his name around somewhat it’s like he is touching testicles with his tongue. “Hey! Touching testicles with your tongue guy! Fuck off!”.
