Huntsville man among four charged in scheme to illegally export AI chips to China

Huntsville man among four charged in scheme to illegally export AI chips to China HUNTSVILLE, Ala. (WAFF) - Federal authorities have charged four people with conspiring to illegally export advanced NVIDIA graphics processing units (GPUs) — technology with significant artificial intelligence and national security applications — to China. According to the U.S. Department of Justice, the group allegedly worked together to bypass U.S. export controls and ship restricted technology overseas by falsifying documents, creating fake contracts, and misleading authorities. Those arrested include: Hon Ning “Mathew” Ho, 34, a U.S. citizen born in Hong Kong and living in Tampa, Florida Brian Curtis Raymond, 46, a U.S. citizen from Huntsville, Alabama Reference: www.waff.com

Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom

Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said

Reference: www.al.com

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