US officials have struck binding deals for 85% of the CHIPS Act funding; sources: Gina Raimondo said her successor, Howard Lutnick, is committed to the program
Mackenzie Hawkins / Bloomberg :
The Biden admin unveils a new chip export rule that gives 18 key allies full AI chips access while requiring licenses from most other countries, including China
now the EU has shown concerns about the U.S. limits on how much AI chips certain EU states can buy. — ec.europa.eu/commission/p... Sung Kim / @sungkim : Commerce Secretary Gina Raimondo stated “Hold...
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
Investment, more than export controls, will keep the U.S. ahead of Beijing, Commerce secretary says
A look at the White House's big bet on Intel; sources: Gina Raimondo urged companies to order Intel's US chips, but most favored TSMC's more advanced techniques
New York Times :
Gina Raimondo says she plans to make ~12 CHIPS Act grants within the next year, including some worth billions of dollars that could reshape US' chips production
David Shepardson / Reuters :
Gina Raimondo says Nvidia “can, will, and should” sell commercial AI chips to China, but not advanced AI chips, and spoke to Jensen Huang about the US rules
The Biden administration is in discussions with Nvidia Corp (NVDA.O) about permissible sales of artificial intelligence chips …
Sources: House Republicans blocked a measure to speed up US chip projects in must-pass defense legislation, a key priority for Commerce Secretary Gina Raimondo
Bloomberg :
US Commerce Secretary Gina Raimondo says her department needs more money to stop China's chip gains and calls out Nvidia for redesigning around the US' curbs
Peter Martin / Bloomberg :
US Commerce Secretary Gina Raimondo says her department needs more money to stop China's chip gains and calls out Nvidia for redesigning around the US' curbs
- US commerce secretary cites Nvidia designs as case in point — Tells chip CEOs ‘such is life’ as US security trumps revenue
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute
from government to civil society to the private sector — must work together to build a future where AI creates opportunity, advances equity, and protects fundamental rights and freedoms. Today's actio...