Tech group urges US to halt rule that would limit global access to AI chips

A technology industry group on Tuesday urged President Joe Biden’s administration to refrain from issuing a last-minute rule that would control global access to AI chips, warning the restrictions would jeopardize U.S. leadership in artificial intelligence. The Information Technology Industry Council, representing companies like Amazon, Microsoft and Meta, said the rule, which could come out as soon as Friday, would place arbitrary constraints on U.S. companies’ ability to sell computing systems overseas and cede the global market to competitors. Reuters reported exclusive details last month on the Commerce Department’s plan for approving global AI chip exports while also preventing bad actors from accessing them.Read More