Biden administration unveils new rules for AI chip, model exports

—  The Biden administration announced Monday new restrictions on the export of the most advanced artificial intelligence chips and proprietary parameters used to govern the interactions of users with AI systems. The rule, which will undergo a 120-day period for public comments, comes in response to what administration officials described as a need to protect national security while also clarifying the rules under which companies in trusted partner countries could access the emerging technology in order to promote innovation. “Over the coming years, AI will become really ubiquitous in every business application in every industry around the world, with enormous

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