AIFortuneabout 2 hours ago
Treasury Proposes AI Investment Ban in China
1 min read
The U.S. Treasury Department proposed a rule Thursday to restrict American high-tech investments exceeding $50,000 in China, Russia, North Korea and other countries of concern. This action expands restrictions on outbound U.S. investments in sectors such as semiconductors, quantum computing and artificial intelligence that began in 2023 under then-President President Joe Biden.
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