In its final days, the Biden administration announced last-minute adjustments to its chip export controls, and Nvidia apparently isn’t a fan. The new restrictions, announced today, are substantial considering that Biden will only be president for one more week. Officially called the Interim Final Rule on Artificial Intelligence Diffusion (“diffusion” as in the spread of the emerging technology), the last-minute regulations add new restrictions that corporations and countries must follow. Nvidia penned a blog firing back at the new restrictions, saying, "the Biden Administration seeks to undermine America’s leadership with a 200+ page regulatory morass, drafted in secret and without proper legislative review."
“To enhance U.S. national security and economic strength, it is essential that we do not offshore this critical technology and that the world’s AI runs on American rails,” the White House said in a statement. “It is important to work with AI companies and foreign governments to put in place critical security and trust standards as they build out their AI ecosystems.”
