Shreya Life Sciences exports $300M in restricted AI servers to Russia, raising US-EU concerns.

Shreya Life Sciences, an Indian pharmaceutical company, has exported 1,111 advanced AI servers containing Nvidia chips to Russia, valued at $300 million, raising concerns among the US and EU. These servers are restricted items linked to Russia's military sector. Despite India's non-participation in Western sanctions, the shipments reveal vulnerabilities in efforts to limit Moscow's access to dual-use technology. The exports have prompted warnings from US officials to India about potential sanctions.

October 27, 2024
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