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.

Though the rules are aimed at China, they could impact some European countries including Portugal and Switzerland. View on euronews

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,

The so-called AI diffusion rule from Commerce’s Bureau of Industry and Security faced swift pushback from industry.

Directed against China, but encompassing a range of many other countries as well, the new regulations have brought forth strident opposition from US high-tech companies.

Some industries would not be impacted, because they are not crucial to national security, including supply chain activities and gaming chips.

Secretary of Commerce Gina Raimondo said the new policy will help build a trusted technology ecosystem around the world.

The Birmingham Biotechnology Hub will receive funding to use artificial intelligence to shorten drug development to provide affordable drugs, vaccines and diagnostics.

on the CHIPS Act and AI regulation and all that jazz. And I guess the first question is, how sharply did the results of the election concentrate your mind? Gina Raimondo: Well, they concentrated ...

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.

We recently published a list of 15 Important AI News and Ratings on Investors’ Radar. In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against other important AI news and ratings on investors’ radar.

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.