Trump to change controversial Biden-era restrictions on AI chip exports
CNN
President Donald Trump has rescinded a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants.
President Donald Trump will rescind a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants. The move could have sweeping impacts on the global distribution of critical AI chips, as well as which companies profit from the new technology and America’s position as a world leader in artificial intelligence. “I vocally opposed this rule for months, and indeed, the ranking member and I together urge the Biden administration not to adopt it, and I’m very pleased that President Trump has now confirmed he plans to rescind it,” US Senator Ted Cruz (R-Texas) said during a Senate committee hearing to discuss AI regulation on Thursday. Cruz said he will soon introduce a new bill that “creates a regulatory AI sandbox,” adding that he wants to model new regulation after the approach former President Bill Clinton took at the “dawn of the internet.” OpenAI CEO Sam Altman, AMD CEO Lisa Su, Microsoft vice chair and president Brad Smith and CoreWeave CEO Michael Intrator testified during the hearing. Altman, whose company collaborates with Apple by integrating its ChatGPT technology into Siri’s voice assistant, said he visited an Apple facility in Texas where they’re building “what will be the largest AI training facility in the world.” Apple said in February that its investing $500 billion in expanding its US footprint, which includes building a facility in Houston to produce servers for its Apple Intelligence AI features. “We need a lot more of that,” Altman said.
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