US Limits Exports of AI Chips in Effort to Protect National Security and Industry Dominance

The Biden administration has introduced new export regulations for advanced computer chips, targeting around 120 countries. Commerce Secretary Gina Raimondo highlighted the need for the US to maintain its leadership in Artificial Intelligence (AI), citing its current dominance in both AI development and chip design. The new rules set quotas for the export of AI chips, capping the number that can be sent to most countries, while exempting 18 allies, including Japan, the UK, and the Netherlands. This move aims to create a global divide, with certain regions gaining access to the latest US advanced computing power.