Computerworld October 29, 2024
Prasanth Aby Thomas

The new rules are designed to reinforce existing export controls and inbound screening measures by restricting US investments.

The US government has announced new rules restricting investments in China’s AI and other tech sectors deemed threats to national security, expanding the existing restrictions that were so far limited to exports.

First introduced by the US Treasury in June, the rules are based on an executive order signed by President Joe Biden in August 2023.

They focus on three critical areas: semiconductors and microelectronics, quantum information technologies, and certain AI systems.

“This narrow set of technologies is core to the next generation of military, cybersecurity, surveillance, and intelligence applications,” the Treasury said in a statement.

The US already restricts or bans...

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