US rules aimed at banning certain US investments in artificial intelligence in China are under final review, with the final rules expected to be released within the next week.
The rules, derived from an executive order signed by President Joe Biden in August 2023, require US investors to inform the Treasury Department about investments in AI and other sensitive technologies.
The final rules, which will restrict outbound investment to China in AI, semiconductors, microelectronics, and quantum computing, are expected to clarify the scope of coverage over artificial intelligence and the threshold for limited partners.
The Treasury office overseeing the regulations generally provides at least a 30-day window before such regulations go into effect. The restrictions are part of an effort to prevent US know-how from helping China develop sophisticated technology.
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