U.S. finalizes new rules to limit AI, semiconductor, and quantum investments in China to prevent military aiding.
The U.S. government is finalizing new regulations to restrict American investments in China's artificial intelligence (AI) sector and other sensitive technologies, including semiconductors, microelectronics, and quantum computing. These measures, prompted by an executive order from President Biden, aim to prevent U.S. expertise from aiding China's military. Investors will need to notify the Treasury Department about certain transactions, with final rules expected soon.
October 21, 2024
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