23Jan 2025
U.S. Tightens Export Rules on AI Chips
Why in the news? The U.S. introduced a tiered licensing framework for exporting AI chips, aiming to safeguard national security and prevent misuse by adversaries. The regulations impact countries like China, India, and Russia, with industry concerns over innovation and competitiveness. Objective and New Regulations: The S. Bureau of Industry and Security (BIS) introduced a …
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