The Biden Administration's new guidelines are meant to further curb AI chip exports to countries like China and Russia.

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries.

Commerce Secretary Gina Raimondo says the US leads AI now - both AI development and AI chip design, and it’s critical that we keep it that way