Biden Admin's AI Chip Export Rules Scrapped

The Biden administration's Artificial Intelligence Diffusion Rule, set to take effect May 15th, has been rescinded by the Department of Commerce. This rule imposed export limits on US-made AI chips to numerous countries. The DOC plans to issue a replacement, likely focusing on bilateral negotiations rather than blanket restrictions. This reversal sparks debate, with some viewing it as a correction and others seeing it as opening new avenues for international collaboration on AI technology.