U.S. proposes new export rules for AI chips amid industry 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 countries like Mexico and Israel, raising concerns among industry leaders. Commerce Secretary Gina Raimondo emphasized the need to maintain U.S. leadership in AI technology. The proposed rules include a 120-day comment period, allowing the incoming Republican administration to influence the final regulations on chip exports. Under the new framework, about 20 key allies will face no restrictions, while others will have limits on chip imports. Exemptions are included for trusted companies, ensuring that major cloud providers can continue their AI data center expansions.