Latest news with #JefferyKessler
Epoch Times
15-05-2025
- Business
- Epoch Times
US Issues Huawei Chips Warning, Signaling New AI Diffusion Rule
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) on May 13 warned entities against using Huawei chips that were developed in violation of U.S. export controls, while announcing that new AI chip trade rules are to come. In January, the outgoing Biden administration finalized an AI Diffusion The BIS on May 13 rescinded the rule, stating it would have burdened American companies with regulations and 'undermined' diplomatic relations with trade partners, and that it would issue a replacement rule at a later date. Under Secretary of Commerce for Industry and Security Jeffery Kessler has instructed BIS enforcement officials to get rid of the AI Diffusion rule, stating that the current administration is writing 'a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries.' Huawei and Warnings The United States The May 13 The United States has been setting export controls on Huawei and AI technology to China over the last two administrations, determining that Huawei has ties to the Chinese Communist Party's (CCP) military, which is using the technology for weapons and autonomous systems development, as well as other advancements. Related Stories 5/8/2025 5/7/2025 For years, regulators have warned that sanctioned China-based entities have been finding workarounds like third-party intermediary companies and 'transshipment and diversion' to obfuscate a sanctioned end user to obtain American technology that is off-limits to CCP military affiliates. Exports and Chinese state media reported that Huawei founder Ren Zhengfei told Chinese regime leader Xi Jinping during a closed-door meeting that concerns about U.S. export controls on chips have eased. The Chinese regime has instructed the Chinese tech sector to reach self-sufficiency when it comes to advanced semiconductor technology, and Ren said Huawei's plan to unite 2,000 Chinese companies will help bring them to 70 percent AI Race The United States and communist China's relationship when it comes to the chips market is complex, as both are major buyers and sellers of chips to each other. U.S. export controls on semiconductors have thus far largely targeted China's access to the most advanced chips on the market, with the expectation that this would prevent advanced AI development by the CCP's military. When these rules were issued, semiconductor companies focused on selling larger-sized models to China, with some like Nvidia developing chips In April, the Trump administration announced new restrictions on Nvidia's H20 AI chip, the most advanced chip it currently sells to China, from which Nvidia estimates a loss of $5.5 billion in revenue. ByteDance and Tencent are among the China-based companies that were buying up H20 chips as China made AI advancements. Nvidia CEO Jensen Huang He also said that 'the world has changed significantly' since the previous administration's AI Diffusion rule was released in January and that updated rules are needed 'to accelerate the diffusion of American AI technology around the world.' The White House American chips companies Nvidia, Advanced Micro Devices, and Qualcomm Reuters contributed to this report.
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Business Standard
14-05-2025
- Business
- Business Standard
Trump administration rescinds curbs on AI chip exports to foreign markets
After a week of promises to alter the policy, the US Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements, the Commerce Department stated in its guidance. The Biden administration had established the export framework in an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. While the United States had already restricted exports to adversaries such as China and Russia, some of those controls had loopholes and the rule would have set limits on a much broader group of countries. Commerce Undersecretary Jeffery Kessler said Tuesday that the Trump administration work to replace the now-rescinded rule. The Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Yahoo
14-05-2025
- Business
- Yahoo
Trump administration rescinds curbs on AI chip exports to foreign markets
NEW YORK (AP) — After a week of promises to alter the policy, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. 'These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements,' the Commerce Department stated in its guidance. The Biden administration had established the export framework in an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. While the United States had already restricted exports to adversaries such as China and Russia, some of those controls had loopholes and the rule would have set limits on a much broader group of countries. Commerce Undersecretary Jeffery Kessler said Tuesday that the Trump administration work to replace the now-rescinded rule. 'The Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries." The Associated Press
