Biden unveils new AI export rules to protect U.S. technology and national security

President Joe Biden has introduced new rules to restrict the export of advanced computer chips used in artificial intelligence. The framework aims to limit sales to certain countries, particularly those seen as competitors, without explicitly naming China. The new regulations require U.S. AI companies to undergo checks before doing business with nations deemed a risk. A list will categorize countries into allies and those of concern, affecting access to advanced technology. The Biden administration emphasizes the importance of safeguarding U.S. AI leadership and national security. However, some industry leaders express skepticism about the potential economic impact of these new restrictions.