White House releases rules on AI, chip exports.

The White House has introduced new regulations on AI development and chip exports, aiming to control access to high-end processors and computing power. These rules will limit AI chip and model weight access for countries not on a list of 18 key allies and restrict offshoring data center operations for AI development. While tech industry leaders like Nvidia and Oracle have criticized the proposed regulations, the Biden administration assures that ordinary commercial businesses in AI will not be significantly impacted. [Extracted from the article]