Commerce Secretary Gina Raimondo says Donald Trump is a president-elect who for all of his aggressive talk is afraid to let America compete with the rest of the world, responding instead with tariffs and curtailing immigration.
Chinese hackers accessed over 400 computers and over 3,000 unclassified files when they infiltrated the U.S. Treasury.
Tuesday’s award means that 18 tech hubs have now received a total of $720 million in federal funding, though there are 31 tech hubs in all, which were first unveiled back in October 2023. The 31 hubs have received more than $6 billion in public and private investments, according to the Commerce Department.
The move comes 11 months after the Commerce Department launched an investigation into the national security risks from Chinese vehicle technology.
Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.
The so-called AI diffusion rule from Commerce’s Bureau of Industry and Security faced swift pushback from industry.
The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.
The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.
WASHINGTON (AP) — 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.
The Biden Administration has finalised rules that will effectively ban Russian and Chinese software and hardware in vehicles sold in the United States, in a move that could have a huge global impact.
Beijing on Wednesday said it "firmly opposes" a United States move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".
Netanyahu says Israel has retained 'right to return to fighting if needed' in Gaza and claims to have Trump's support.