China’s Moonshot AI seeks Nvidia Blackwell access in Europe, CNBC reports
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China’s Moonshot AI seeks Nvidia Blackwell access in Europe, CNBC reports Luke Juricic Thu, November 5, 2026 at 10:51 AM EST 2 min read NVDA -8.08% Investing.com -- Chinese artificial intelligence startup Moonshot AI has explored leasing data center capacity in Europe to secure remote access to NVIDIA Corporation's (NASDAQ:NVDA) advanced Blackwell processors, according to a report from CNBC. The move highlights how Chinese developers are increasingly looking beyond domestic borders to bypass tightening U.S. export restrictions on cutting-edge silicon. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The Beijing-based lab, known for its Kimi model family, discussed renting infrastructure from European neocloud providers hosting clusters of 8,000 or more Blackwell GPUs, CNBC reported, citing people familiar with the matter. Those discussions focused primarily on computing clusters for model inference, though interest in training capacity was also explored. The European push follows White House claims in July that Moonshot had remotely tapped Blackwell systems through infrastructure located in Thailand. While existing U.S. export controls forbid physical shipments of top-tier accelerators directly to China, current trade frameworks leave cross-border cloud leasing largely outside regulatory reach. Unsure what to buy ahead of earnings? Our AI's recent pre-earnings calls delivered gains of +77% to +118% after results dropped. See this month's earnings picks » To compensate for regulatory risks, European cloud operators and financiers have sought substantial upfront premiums, with proposals requiring Moonshot to pay 30% to 50% more upfront than non-Chinese clients, according to CNBC's reporting. The steeper initial deposits allow operators to front-load contract returns should Western regulators eventually close overseas cloud loopholes. Washington has already moved to address the arrangement, with the U.S. House of Representatives passing the Remote Access Security Act in January to restrict foreign cloud-based access to restricted hardware. The legislative effort now awaits action in the Senate, underscoring rising political scrutiny around third-party compute hosting. For its part, Nvidia has sought to manage geopolitical exposures by instructing cloud partners to allocate at least 51% of their capacity to non-Chinese customers, according to earlier reporting from the Financial Times. The chipmaker has defended its international footprint, arguing that widespread adoption of American hardware architectures remains critical to sustaining leadership across global software and model layers. Meanwhile, Moonshot's aggressive hunt for compute comes amid rapid enterprise adoption of lower-cost Chinese foundational models that rival Western leaders such as OpenAI and Anthropic. With Beijing simultaneously curbing domestic purchases of older, licensed Nvidia hardware to favor local silicon, China's leading AI labs are likely to remain reliant on creative offshore infrastructure arrangements to maintain model performance. China's Moonshot AI seeks Nvidia Blackwell access in Europe, CNBC reports Traders watch S&P 500 circuit-breaker levels as selloff deepens Grubhub parent Wonder files confidentially to go public in the US
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