A technology industry group has called on the Biden administration to delay a proposed rule that would restrict global access to AI chips. The Information Technology Industry Council warns that such restrictions could undermine U.S. leadership in artificial intelligence and limit the ability of American companies to compete internationally. The rule is expected to be finalized soon, potentially impacting the global market for AI technologies.
The group emphasizes that while national security is important, the risks to U.S. competitiveness in AI must be considered. ITI's CEO criticized the rushed nature of the rule, suggesting it could have severe consequences for the tech industry. Industry leaders, including those from Oracle, have voiced strong opposition, arguing that the proposed regulations could stifle innovation and growth in the commercial cloud sector.
• Tech group warns AI chip export rule threatens U.S. leadership in AI.
• Industry leaders criticize rushed regulations impacting global AI competitiveness.
AI chips are specialized hardware designed to accelerate artificial intelligence computations and applications.
Export control refers to regulations that restrict the sale of certain technologies to foreign entities.
Commercial cloud computing involves providing computing resources and services over the internet for business applications.
Amazon is a leading technology company involved in cloud computing and AI development, emphasizing the importance of unrestricted access to AI technologies.
Oracle is a major player in cloud services and AI, expressing concerns that new regulations could severely impact the commercial cloud industry.
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