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Tech Industry Urges Biden To Reconsider AI Export Restrictions

Tech industry fears loss of global market to competitors.

Leaders in the tech industry are expressing concerns over a new regulation proposed by the Biden administration that could restrict artificial intelligence exports. The industry argues that such a rule, aimed at bolstering the U.S. economy and national security, may be overly broad and risk diminishing the country's global dominance in AI.

The rule, expected to be finalized soon, would impose restrictions on the deployment of U.S.-made AI products worldwide. Industry leaders fear that this could hand over the global market to U.S. competitors and hinder American companies' ability to sell computing systems internationally.

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