The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology,

With just days to go in his presidency, U.S. President Joe Biden is releasing a flurry of new measures that challenge China's chip-making and shipbuilding and limit Russian oil, while a ceasefire in Gaza is said to be in reach after months of failed talks.

The Biden administration is set to announce a new rule to regulate the export of advanced AI chips, aiming to restrict access for nations like China while trading with 18 key allies and partners.

D.C. and Silicon Valley reassessing timetables for artificial general intelligence—and where China stands in that race

While Nvidia and the European Union have expressed their displeasure with the latest salvo of AI export restrictions from the Biden administration, a few companies

But new rules announced by the White House on Monday seek to guarantee American supremacy in that race. The Biden administration's "unprecedented new export controls" intend to keep AI technology from falling into Chinese hands,