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Trump administration rescinds curbs on AI chip exports to foreign markets
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....rump administration rescinds curbs on AI chip exports to foreign markets<BR>Customs & Trade<BR>Dated:- 14-5-2025<BR>PTI<BR>New York, May 14 (AP) After a week of promises to alter the policy, the US De....
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....partment of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international market....
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....s without federal approval. “These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements,” the Commerce Department stated in i....
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....ts guidance. The Biden administration had established the export framework in an attempt to balance national security concerns about the technology with the economic interests of producers and other....
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.... countries. While the United States had already restricted exports to adversaries such as China and Russia, some of those controls had loopholes and the rule would have set limits on a much broader ....
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....group of countries. Commerce Undersecretary Jeffery Kessler said Tuesday that the Trump administration work to replace the now-rescinded rule. “The Trump Administration will pursue a bold, inclu....
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....sive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries." (AP) GRS GRS<BR> News - Press release - PIB....
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