US tightens its grip on AI chip flows across the globe

US tightens its grip on AI chip flows across the globe

Via Karen Freifeld in aol.com: The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its allies while finding more ways to block Chinas access. The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to U.S. AI technology for Americas closest allies, while also maintaining a block on exports to China, Russia, Iran and North Korea. The lengthy new rules unveiled in the final days of outgoing President Joe Bidens administration go beyond China and are aimed at helping the U.S. keep its dominant status in AI by controlling it around the world. New limits will be placed on advanced graphics processing units (GPUs), which are used to power data centers needed to train AI models. Most are made by Santa Clara, California-based Nvidia, while Advanced Micro Devices also sells AI chips. Nvidia and AMD were down between 2% and 3% in premarket trading on Monday.





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