Biden Administration Proposes New AI Chip Export Rules Amid Industry Concerns

Reported 1 day ago

The Biden administration is introducing a new framework for exporting advanced AI chips, aiming to balance national security with economic interests. However, industry leaders are worried that the proposed rules may restrict access to existing chips, impacting global supply chains and innovation. Commerce Secretary Gina Raimondo emphasized the necessity of safeguarding AI technology from foreign adversaries while enabling cooperation with key allies. The framework includes a comment period, allowing the incoming administration to influence the final rules.

Source: YAHOO

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