President Biden's rule restricting US AI chip exports has been rescinded
President Donald Trump's administration has undone one of the last regulations set by his predecessor. Today, the Department of Commerce rescinded the AI Diffusion Rule implemented by former President Joe Biden, a policy that restricted the export of US-made AI chips to select international markets. The rule was introduced by Biden's administration in January and slated to take effect on May 15. Trump had previously walked back the broader AI guidelines adopted by Biden in October 2023 as part of his initial wave of executive orders upon taking office.<br /> Although the Department of Commerce is not enforcing the previous AI Diffusion Rule, the Bureau of Industry and Security said it will release a replacement policy at a later date. The press release included three additi [...]
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