PYMNTS.com October 29, 2024
The White House has moved to restrict foreign access to American artificial intelligence breakthroughs, setting new boundaries for the global AI market as U.S. tech companies face fresh limits on international deals.
The directive, which orders federal agencies to shield private-sector AI innovations like military technology, could force American tech giants to obtain government approval before sharing developments with overseas partners or selling to foreign customers. According to industry analysts and executives familiar with the matter, this could affect global commerce for companies like OpenAI, Anthropic and Microsoft.
“AI is really becoming a national security question, and there are going to be two sides to that,” Kristof Horompoly, vice president of AI risk management at ValidMind, told PYMNTS. “One of...
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