Imminent Limits on AI Chip Exports Rescinded by Trump Administration

A limitation on exports of AI processors made in the US set to go into effect on May 15 is now rescinded after an order from the Department of Commerce (PDF). The AI Diffusion Rule was set in motion at the end of the Biden administration and would have limited the the number of AI processors that could be sold to foreign countries. It was meant to give the US an edge in the race for global AI technology, but critics, including tech companies, said it would hurt the companies making the processors by capping their sales. The Trump administration's move now lifts restrictions on companies such as Nvidia from selling processors meant for AI applications to other countries, including Mexico, China and Russia. "These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements," the Department of Commerce said in a statement. "The AI Diffusion Rule also would have undermined US diplomatic relations with dozens of countries by d ... Read full article.