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VisitEffect of AI export curbs on US tech companies' global market share by end of 2025
Increase • 33%
Decrease • 33%
No significant change • 34%
Financial reports, market analysis, and expert commentary.
U.S. House Committee Advances Bill to Ease AI Export Curbs for Biden on May 22
May 22, 2024, 05:02 PM
The U.S. House Foreign Affairs Committee has advanced a bill aimed at making it easier for President Biden to impose export restrictions on artificial intelligence (AI) systems. The bill, which was voted on Wednesday, May 22, 2024, seeks to grant the Biden administration greater authority to curb the export of AI models. This legislative move underscores the growing concern among U.S. lawmakers about the strategic and security implications of AI technology.
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