Biden administration proposes new export rules for AI chips to address security and economic concerns

The Biden administration has proposed new rules for exporting advanced AI chips, aiming to address national security while considering economic interests. The framework could limit access to chips for video games and data centers in 120 countries, including Mexico and Israel. Commerce Secretary Gina Raimondo emphasized the need to maintain U.S. leadership in AI technology. The proposed rules would restrict certain countries while allowing about 20 key allies to access chips without limitations. Industry executives have expressed concerns that these rules may hinder innovation and disrupt global supply chains. The framework includes a 120-day comment period, during which the incoming Republican administration could influence the final rules. The proposal aims to prevent foreign adversaries from gaining access to advanced AI technology while ensuring that U.S. companies remain competitive.