Reported 8 months ago
AI is not only a rising star in the industry but also a technology power that both the US and China want to firmly control. The US first signed an executive order last August limiting American funding investments in Chinese semiconductors, AI, quantum technology, etc. Recently, the US Department of Commerce disclosed detailed restrictions, banning investments that involve 'military, intelligence, surveillance, or network capabilities' towards China. On the other hand, President Xi Jinping of China is calling for a 'national system' to strive towards becoming a technology powerhouse by 2035. The intense competition between the US and China in these crucial technological developments has led to a focus on semiconductor and AI technologies, as seen in various restrictions and actions taken by both sides.
Source: YAHOO