Trump Administration to Roll Back Biden-Era AI Chip Export Restrictions
The Trump administration is set to revoke restrictions imposed during Biden's presidency on the export of advanced AI chips. The Commerce Department deemed the current regulations as overly complex and bureaucratic, prompting efforts to introduce a more streamlined policy.
The administration of U.S. President Donald Trump has announced intentions to dismantle regulations implemented during President Joe Biden's tenure concerning the export of advanced AI chips. A spokesperson for the U.S. Department of Commerce made the statement on Wednesday.
The existing rule, established under the Biden administration to regulate the outflow of cutting-edge technology, is viewed as excessively complicated and burdensome, according to the spokesperson.
The proposed action to rescind the current policy underscores a push to foster a less restrictive approach, aiming to simplify the regulatory landscape for AI exports.
(With inputs from agencies.)
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