
The Trump administration intends to cancel the AI Diffusion Rule export control policy, reports Bloomberg. This policy restricts shipments of advanced AI processors to all but 19 countries around the world, and was introduced under the President Biden in January. Details about the revised policy are unclear, but it is believed to focus on country-by-country negotiations over broad global rules, while continuing strict controls on China. Despite the lack of new detail, Nvidia is already celebrating.
"The Biden AI rule is overly complex, overly bureaucratic, and would stymie American innovation," a statement by the Commerce Department’s Bureau of Industry and Security published by Bloomberg reads. "We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance."