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Former Cisco CEO John Chambers told CNBC on Monday he is discouraging the start-ups he’s invested in from operating in China, citing Beijing’s increasingly uncertain regulatory approach.

“I’m encouraging my startups not to do business in China, or I’m not invested in Chinese start-ups at this time,” he said in a “TechCheck” interview. “It’s too unpredictable,” added Chambers, the founder and CEO of JC2 Ventures, who has decades of corporate experience in China.

Chambers’ comments come as the Chinese government has been ratcheting up its crackdown on the country’s technology companies. Recent targets have included Didi — just days after the ride-hailing giant went public in the U.S. — and private education firms. On Saturday, China’s antitrust regulator fined Tencent and ordered the company to give up its exclusive music licensing rights.

Chambers said he began doing business in China about 40 years ago, and over the last decade the government has taken a noticeably different stance. Beijing now wants not only more control over the American high-tech companies operating in China, but over Chinese start-ups as well.

“I think it will probably get a little bit tougher before it gets better,” Chambers said, contending the Chinese government has sent a “real clear message” to domestic tech companies that “if you get out of line, we’re going to bring you back into line very quickly.”

Others with experience in Chinese business are expressing similar concern. “I am a congenital optimist when it comes to China. But I find these actions really quite disturbing,” former Morgan Stanley Asia chairman Stephen Roach told CNBC last week. Goldman Sachs CEO David Solomon told CNBC earlier this month he expects at least some Chinese companies to delay plans to go public in the U.S. as a result of the recent government actions.

Chambers said he expects the business and investing landscape in China to improve over time, even if it’s rocky right now. “Do I think this will eventually correct? Yes. I don’t think it results in the type of cold war that some other people referred to,” said Chambers.

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Ambarella shares soar 19% on report chip designer is exploring sale

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Ambarella shares soar 19% on report chip designer is exploring sale

Thomas Fuller | SOPA Images | Lightrocket | Getty Images

Ambarella shares popped 19% after a report that the chip designer is currently working with bankers on a potential sale.

Bloomberg reported the news, citing sources familiar with the matter.

While no deal is imminent, the sources told Bloomberg that the firm may draw interest from semiconductor companies looking to improve their automotive business. Private equity firms have already expressed interest, according to the report.

Read more CNBC tech news

The Santa Clara, California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence. Ambarella chips are used in the automotive sector for electronic mirrors and self-driving assistance systems.

Shares have slumped about 18% year to date. The company’s market capitalization last stood at nearly $2.6 billion.

Read the Bloomberg story here.

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

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Nvidia CEO Huang sells  million worth of stock, first sale of 3 million plan

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025.

Sarah Meyssonnier | Reuters

Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S. Securities and Exchange Commission.

The sales are worth nearly $15 million at Tuesday’s opening price.

The transactions are the first sale in Huang’s plan to sell as many as 600,000 shares of Nvidia through the end of 2025. It’s a plan that was announced in March, and it’d be worth $873 million at Tuesday’s opening price.

The Nvidia founder still owns more than 800 million Nvidia shares, according to Monday’s SEC filing. Huang has a net worth of about $126 billion, ranking him 12th on the Bloomberg Billionaires Index.

The 62-year-old chief executive sold about $700 million in Nvidia shares last year under a prearranged plan, too.

Nvidia stock is up more than 800% since December 2022 after OpenAI’s ChatGPT was first released to the public. That launch drew attention to Nvidia’s graphics processing units, or GPUs, which were needed to develop and power the artificial intelligence service.

The company’s chips remain in high demand with the majority of the AI chip market, and Nvidia has introduced two subsequent generations of its AI GPU technology.

Nvidia continues to grow. Its stock is up 9% this year, even as the company faces export control issues that could limit foreign markets for its AI chips.

In May, the company reported first-quarter earnings that showed the chipmaker’s revenue growing 69% on an annual basis to $44 billion during the quarter.

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Market Navigator: Nvidia warning signs

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Judge rules Anthropic did not violate authors’ copyrights with AI book training

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Judge rules Anthropic did not violate authors' copyrights with AI book training

Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.

Gerry Miller | CNBC

Anthropic‘s use of books to train its artificial intelligence model Claude was “fair use” and “transformative,” a federal judge ruled late on Monday.

Amazon-backed Anthropic’s AI training did not violate the authors’ copyrights since the large language models “have not reproduced to the public a given work’s creative elements, nor even one author’s identifiable expressive style,” wrote U.S. District Judge William Alsup.

“The purpose and character of using copyrighted works to train LLMs to generate new text was quintessentially transformative,” Alsup wrote. “Like any reader aspiring to be a writer.”

The decision was a significant win for AI companies as legal battles play out over the use and application of copyrighted works in developing and training LLMs. Alsup’s ruling begins to establish the legal limits and opportunities for the industry going forward.

Read more CNBC reporting on AI

A spokesperson for Anthropic said in a statement that the company was “pleased” with the ruling and that the decision was, “Consistent with copyright’s purpose in enabling creativity and fostering scientific progress.”

CNBC has reached out to the plaintiffs for comment.

The lawsuit, filed in the U.S. District Court for the Northern District of California, was brought by authors Andrea Bartz, Charles Graeber and Kirk Wallace Johnson in August. The suit alleged that Anthropic built a “multibillion-dollar business by stealing hundreds of thousands of copyrighted books.”

Alsup did, however, order a trial on the pirated material that Anthropic put into its central library of content, even though the company did not use it for AI training.

“That Anthropic later bought a copy of a book it earlier stole off the internet will not absolve it of liability for the theft, but it may affect the extent of statutory damages,” the judge wrote.

WATCH: Anthropic unveils next AI models

Anthropic unveils next AI models

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