US announces new restrictions on AI chip exports

US announces new restrictions on AI chip exports
(Image: Getty)
AFP
The United States unveiled new export rules on chips used for artificial intelligence on Monday, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.The restrictions build on curbs announced in 2023 on exporting certain AI chips to China, which the United States sees as a strategic competitor. But they drew fiery pushback from Beijing.In recent years, Washington has expanded its efforts to curb exports of state-of-the-art chips to China, which can be used i...

More Technology

How Xero's big Melio buy could double revenue
Markets

How Xero's big Melio buy could double revenue

CEO Sukhinder Singh Cassidy has marked three years at Xero with a chunky new goal.

Blackpearl launches $11.8m ASX placement
Markets

Blackpearl launches $11.8m ASX placement

Software company says investors should jump on its US market opportunity.

Infratil adds $250m to its billion-dollar asset sale target
Infrastructure

Infratil adds $250m to its billion-dollar asset sale target

Most of the cash will come from sale of mobile tower business Fortysouth.

Zenno partners with Portal for 2026 space mission
Technology

Zenno partners with Portal for 2026 space mission

Zenno's Supertorquer will fly aboard Portal Space System's Starburst spacecraft.