> How does that even work? If Z.ai wants to buy let's say GPUs for AI training, what's stopping them from going to a local reseller? In theory, the whole chain

> How does that even work? If Z.ai wants to buy let's say GPUs for AI training, what's stopping them from going to a local reseller? In theory, the whole chain has to comply. And if you don't you get fined etc. So the local reseller would risk not be able to resell.