October 8, 2024
Tech group urges Treasury to narrow AI scope of China investment ban
The technology industry is pressing the Treasury Department to narrow a list of artificial intelligence uses that could be subject to investment restrictions, arguing many applications of AI could be for civilian rather than military purposes and stand outside the control or intentions of the technology’s developer. Treasury in August published proposed restrictions on U.S. investment in Chinese artificial intelligence sectors critical to military, intelligence, surveillance or cyber-enabled capabilities following the issuance of long-awaited executive order on Aug. 9. The...
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