President Biden has introduced new limits on exports of advanced computer chips used for artificial intelligence, as part of an effort to prevent countries like China from acquiring the technology.
According to The New York Times, countries will be sorted into three categories under the new policy. The first is made up of the U.S. and 18 of its closest allies and trading partners, such as Canada, German, Japan, and the United Kingdom among others, with nations in that group exempted from any restrictions on the sale of AI chips. The second group includes so-called “c…
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