Intentionally or not, outgoing President Joe Biden just handed incoming President Donald Trump and his Big Tech allies a powerful weapon in the fight against European tech regulation.
Just a week before the transition, the Biden administration on Monday unveiled an interim final rule (a type of emergency rule that is issued before industry can give its opinion) that will limit the flow of advanced AI chips from U.S. companies to all but 18 close U.S. allies. The move is largely designed to close loopholes in American efforts to stymie Chinese AI progress, by making it harder for Beijing to acquire cutting-edge U.S. hardware through third countries.
