Bloomberg Technology·1 min read
US Withdraws Draft Rule That Called for Global AI Chip Permits
US withdraws proposed AI chip export regulation.
The US Commerce Department has retracted a draft regulation that sought to impose restrictions on the export of artificial intelligence chips, requiring US approval for sales worldwide. This withdrawal was confirmed via an electronic notification from the Office of Management and Budget, which stated that the interagency review process for the rule had concluded without additional details.
Key Takeaways
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The draft regulation aimed to restrict AI chip exports globally without US approval.
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