US imposes new export restrictions on AI chips to limit access for rival nations

The U.S. government has announced new restrictions on the export of artificial intelligence chips and technology. These regulations aim to limit access for countries like China, Russia, Iran, and North Korea while allowing unlimited access for close U.S. allies. The rules will cap AI chip exports to most countries and impose licensing requirements. Major cloud service providers can seek global authorizations for data centers, but must meet strict conditions, including security and human rights compliance. The regulations create a tiered system, with 18 countries exempt from restrictions, while 120 others face caps. U.S. companies will be limited in how much AI computing power they can deploy outside the U.S.