White House, BIS attempt to strengthen AI chip export controls in final days of Biden presidency

AI United States

In tandem with the Commerce Department’s Bureau of Industry and Security (BIS), the Biden administration issued a new rule on export controls of domestically produced artificial intelligence chips.

BIS issued a regulatory framework for the rule that will implement new restrictions on chips sold to foreign countries and add additional measures to strengthen the Export Control Reform Act of 2018 and Export Administration Regulations, the agency said in a press release Monday.

“To enhance U.S. national security and economic strength, it is essential that we do not offshore this critical technology and that the world’s AI runs on American rails,” the White House said in an accompanying fact sheet.

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.