The Biden administration has introduced an Interim Final Rule (IFR) to regulate the export of advanced AI chips, primarily targeting high-performance GPUs. This rule is intended to prevent sensitive technology from being exported to countries like China while allowing sales to allied nations under certain conditions.

Industry leaders, including Nvidia, have criticized the rule as an overreach that could stifle innovation and harm the US tech sector, arguing that it may push foreign customers toward competitors.

Learn more about the all-new VT News and subscribe today!

Commerce Secretary Gina Raimondo emphasized the necessity of maintaining US leadership in AI amid growing national security concerns.

“As AI becomes more powerful, the risks to our national security become even more intense,” Raimondo said. The framework “is designed to safeguard the most advanced AI technology and ensure that it stays out of the hands of our foreign adversaries but also enabling the broad diffusion and sharing of the benefits with partner countries.”

The new rules will undergo a 120-day public comment period before being fully implemented.

Critics warn that these restrictions could fragment global supply chains and disadvantage U.S. companies in the long run.

For more details on this story, plus a full media bias breakdown, check out the all-new VT News today!

Add comment