https://www.taxtmi.com/news?id=38691 The US expanded its export control entity list to include about eighty firms, over fifty based in China, citing attempts to acquire advanced knowhow in supercomputing, AI and quantum technologies for military purposes. The designations target research institutes and commercial subsidiaries allegedly developing large AI models and advanced chips for military use, invoke the foreign direct product rule to control reexports of technology-containing products, and aim to limit capabilities related to exascale computing, hypersonic weapons, unmanned aerial systems and related military applications; China protested the measures as abusive and damaging to supply chains. en-us Wed, 26 Mar 2025 17:31:03 +0530 Wed, 26 Mar 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38691 The US expanded its export control entity list to include about eighty firms, over fifty based in China, citing attempts to acquire advanced knowhow in supercomputing, AI and quantum technologies for military purposes. The designations target research institutes and commercial subsidiaries allegedly developing large AI models and advanced chips for military use, invoke the foreign direct product rule to control reexports of technology-containing products, and aim to limit capabilities related to exascale computing, hypersonic weapons, unmanned aerial systems and related military applications; China protested the measures as abusive and damaging to supply chains. News - Wed, 26 Mar 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=38691