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According to CEIC, the U.S has hiked the price of an integrated circuit from less than $1 to $4 (between the period of 2017 – 2025). China Cyberspace Administration (CAC ), which is China’s main internet regulatory body, has passed strict orders to big tech companies to stop buying Nvidia’s AI chips. Chinese tech giants like ByteDance and Alibaba, following the notice, will have to end their ties with American AI chip-making companies. Why has it come to light now? Another trade war between the countries? Or a simple move towards self-dependence? Learn more.

Why Did China Ban Nvidia’s Chips?

• Nvidia is a renowned AI chip-making company in the world. Its chips are widely used in training advanced artificial intelligence systems. Several big companies like DeepSeek, Tencent, Alibaba, and more are customers of Nvidia.
• The U.S. government has, for years, restricted China’s access to powerful technology because of security concerns. Additionally, in April, Trump pushed a 145% U.S. tariff on Chinese goods (later that number dropped to 30%).
• In response to all the trade uncertainties, China is encouraging its companies to slim down their dependency on U.S. technology to zero. So, the companies are switching to local alternatives.

The Chip Affected

• The ban has specifically targeted Nvidia’s RTX Pro 6000D.
• Nvidia designed and makes these chips specially for China because the U.S. has already restricted the sale of its powerful models to China.

China’s Earlier Restrictions on Nvidia

• Just before this ban, China already set rules (discouraging) for companies from buying another Nvidia chip made for them, called the H20.
• The new ban (stricter) is to halt all kinds of purchases totally. The demand was down for Nvidia, and now the ban is hurting the company.

The Companies Involved

• Well, the major tech companies, including ByteDance (owner of TikTok) and Alibaba (e-commerce and cloud giant), use the RTX Pro 6000D.
• Furthermore, the ban doesn’t just apply to the current deal, but also to deals in progress. This is going to affect companies on both sides, as many have planned to buy tens of thousands of these chips.
• The companies have already started working with Nvidia’s server suppliers for integration. However, there’s now a pushback. 

Impact on Nvidia

• After the news, the stock price of Nvidia fell by 1% in premarket trading.
• CEO of Nvidia, Jensen Huang, on Wednesday said (quoted by BBC), “There are a lot of places we can’t go to, and that’s fine.” He further added that he is “disappointed” and will remain “patient” and “support the US” as they resolve the issue. 

Rising medical bills have become a worry for many Indian families, with treatment costs often stretching beyond savings. A sudden hospitalisation or surgery can arrive without warning, leaving households struggling to arrange money at short notice. A loan for medical expenses offers a practical way to handle such situations, giving quick access to funds so patients can get timely care without delay. Instead of compromising on treatment, families can choose flexible repayment options that suit their budget. In 2025, platforms like Bajaj Markets make medical financing simpler, allowing borrowers to compare lenders easily and select the option that best matches their needs.

Why Consider a Loan for Medical Expenses

Here are simple reasons why a loan for medical expenses can make a big difference during tough times-

• Get immediate funds when surgeries, hospital stays, or long treatments cannot wait
• Use it to pay medical bills that health insurance leaves uncovered
• Choose repayment terms that adjust to your monthly income and spending
• Rely on quick approvals and minimal paperwork during emergencies
• Gain access to reputed hospitals and specialists without delaying care
• Cover the cost of medicines, diagnostic tests, or even post-surgery recovery
• Apply without needing to pledge assets or savings as security
• Protect your emergency funds and investments by avoiding early withdrawals
• Support the medical needs of elderly parents or dependents with ease

Key Features of Medical Loans in 2025

Here are the main features that make a loan for medical expenses practical and stress-free in 2025:

Instant Approval and Quick Disbursal

Funds are released quickly, often within hours, so treatment can begin without delay.

Flexible Repayment Tenure

Choose repayment periods from a few months to several years, depending on affordability.

No Collateral Needed

Medical loans are usually unsecured, so there is no need to pledge property or savings.

Customisable Loan Amounts

Borrow only the required amount, ensuring you avoid unnecessary debt.

Simple Documentation

Basic KYC papers are generally enough, making applications fast and stress-free.

Prepayment and Foreclosure Options

Many lenders allow early repayment, helping you save on interest.

Transparent Charges

Reputed lenders share all fees upfront, reducing the risk of hidden costs.

Online Eligibility Check

Digital tools give instant clarity on eligibility, saving time before applying.

Coverage Beyond Hospital Bills

Loan funds can also support medicines, therapy, or post-treatment care.

24×7 Application Access

Online systems allow borrowers to apply at any time, even during emergencies.

Smart Options to Pay for Treatment

Here are practical ways to manage medical costs in 2025 without adding unnecessary financial stress:

Personal Loans for Medical Treatment

Personal loans provide quick lump-sum funds for surgeries, medicines, or aftercare, and the Bajaj Markets financial marketplace allows borrowers to compare lenders and repayment terms conveniently.

Credit Card EMI Conversions

Hospital bills already paid with a credit card can be converted into EMIs, easing pressure on monthly finances and making repayments far more affordable for families.

Medical-Specific Loan Products

Certain lenders now provide healthcare-only loans with relaxed eligibility and lower rates, and borrowers can easily review such options through the Bajaj Markets financial marketplace.

Healthcare Financing Programmes

Many hospitals partner with lenders to offer zero-interest EMI schemes, enabling patients to start treatment immediately without worrying about additional interest charges or delayed medical care.

Role of Bajaj Markets in Choosing the Right Loan

Here is how the Bajaj Markets financial marketplace makes it easier to find the right loan for medical expenses:

• Compare loan offers from multiple lenders in one place without visiting several institutions
• Check your eligibility and loan options instantly with simple online tools
• Apply digitally with minimal paperwork, saving valuable time during emergencies
• Select repayment terms that match your budget and financial comfort
• Access transparent details on interest rates, charges, and other conditions
• Make informed choices confidently with all options clearly presented in one marketplace

Tips Before Applying for a Loan for Medical Expenses

Here are practical steps to follow before applying for a loan for medical expenses:

• Borrow only the amount you need to avoid carrying unnecessary debt
• Check your eligibility in advance using online tools on Bajaj Markets, such as EMI calculators, eligibility checkers, and loan comparison features
• Compare interest rates carefully, as even small differences can affect total repayment
• Review the terms in detail to spot processing fees or prepayment charges
• Assess your repayment capacity honestly to ensure the loan remains manageable
• Keep documents ready to speed up the application and reduce stress during emergencies

Conclusion

Medical emergencies don’t have to drain your savings or cause financial stress. A loan for medical expenses offers timely relief, enabling patients to focus on treatment and recovery. In 2025, platforms like Bajaj Markets have made the process more transparent and accessible by allowing borrowers to compare and choose the most suitable option. With the right financial support, managing healthcare costs becomes a lot less overwhelming.

Google fired over 200 contractors without a warning. These people were working on its big AI projects, like Gemini (Google’s chatbot) and AI Overviews (AI summaries in Google Search). These layoffs are different from their usual ones because there seems to be a lack of accountability. When asked for a response, Google states that these workers are not its employees and are not responsible. Well, one might think, but they worked on Google’s project, right? The issue is complex (with pay disputes and retaliation issues coming to the surface), and here we broke it down for you. 

Sudden Layoffs Without Warning 

Notably, these people were working for Google on contract via a company called GlobalLogic (owned by Hitachi). Hence, Google didn’t hire them directly. Google fired these 200 employees suddenly with no warnings, and they were let go in 2 different rounds.

One worker, Andrew Lauzon, received an email on August 15, 2025, stating that his contract had ended. Upon asking why, Google replied, “ramp-down on the project,” which is a vague statement meaning the project is cut short.

He told WIRED that he joined in March 2024 and has been working on rating and improving answers given by Google’s Gemini chatbot since then.

Who Were These Workers?

Though they were only hired on a contractual basis, they are called “super raters,” meaning highly skilled people who:

• Evaluated AI responses: This is an important assessment to check how the AI is interacting with the end users.
• Fixed mistakes: Otherwise, the AI will lose its credibility.
• Rewrote AI answers: It is vital for an AI in 2025 to sound more natural, engaging, or else the users will have several options in the market.
• The workers are no ordinary professionals. Many held master’s or PhD degrees in fields such as teaching, writing, and the arts.
• Their role is significant because Google’s engineers don’t have time to constantly check and fine-tune every answer.
• One of the workers, while speaking to WIRED, described their role as crucial as “lifeguards on the beach.”

Unionising, Pay Issues & Retaliation Claims

It is suspected that these layoffs only came after the workers were trying to form a union. Asking for better pay and working conditions. The complaints include:

• Huge pay differences → Super raters who are directly hired by GlobalLogic made $28–$32/hour, whereas the contractors on the same task got only $18–$22/hour.
• Workers faced retaliation → One of the workers was fired for speaking up about wage transparency. And a few others were fired for supporting the move (by contract workers).
• After learning of the low working standards, about 18 workers had formed a union in December 2024. By February 2025, the number had risen to 60 members.
• As part of the retaliation, the company banned its online social chat spaces where they connected to speak about the issue (because these employees worked remotely).
• When one employee, Ricardo Levario (union organizer), was fired minutes after complaining about the chat ban. The reason given was “violating the social spaces policy.”

Wider Industry Pattern of Layoffs

Experts say that Google is not alone, and it’s a widely normalized problem in tech outsourcing. According to them, whenever the workers form a union to address the issues, the companies cut jobs as retaliation.

Several similar movements are happening in the world right now:

• Recently, in Kenya, AI data labelers came together to form the Data Labelers Association, asking for better pay and mental health support in the workplace.
• Content moderators across Kenya, Turkey, and Colombia have formed a Global Trade Union Alliance for better working conditions.

Google’s Response

A Google spokesperson, Courtenay Mencini, in a statement (quoted by WIRED), said, “These individuals are employees of GlobalLogic or their subcontractors, not Alphabet. As the employers, GlobalLogic and their subcontractors are responsible for the employment and working conditions of their employees. We take our supplier relations seriously and audit the companies we work with against our Supplier Code of Conduct.”

Fear of Being Laid Off 

According to WIRED, GlobalLogic is working on developing automation systems to replace these raters and their tasks. One worker said to WIRED that:

It’s just been kind of an oppressive atmosphere…” if we try to organise or even talk too much, we risk being laid off.”