Biden plans new AI chip export limits to strengthen trade controls

The Biden administration plans new restrictions on AI chip exports before leaving office. These regulations aim to limit access to advanced technology for adversaries like China and Russia while allowing full access to allies. The proposed rules would categorize countries into three tiers: full access for allies, limited access for most nations, and no access for adversaries. This move seeks to control the spread of AI technology amid rising global demand. The regulations could be announced as early as Friday and would expand existing semiconductor caps. The goal is to align global businesses with U.S. standards for AI development.