Strict Export Controls on Advanced AI Chips to High-Risk Countries.
This law establishes rigorous licensing requirements for exporting high-performance integrated circuits used in Artificial Intelligence to specific countries of concern, including China and Russia. The goal is to safeguard US national security by preventing these nations from using advanced technology to enhance their military or surveillance capabilities. It also includes measures to protect the domestic supply of these critical components for US companies.
Key points
Mandatory licenses are required for exporting high-performance AI chips to countries like China, Russia, Iran, Cuba, North Korea, and Venezuela.
All existing export licenses for these technologies to the listed countries are immediately terminated upon enactment.
A new exemption program allows "Trusted US Persons" meeting strict security criteria to operate more easily in allied nations.
Introduced
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