
Trump administration to overhaul 'overly complex, overly bureaucratic' AI Diffusion rule
Biden-era regulation sought to limit access to advanced AI chips and AI model weights
Biden-era regulation sought to limit access to advanced AI chips and AI model weights
Company had previously disclosed plans to pass on tariff-related costs to customers
First facility due to come online in Q2 2025
Police investigating whether servers containing restricted chips had been diverted from official destination
Hopes to bring its AI accelerators to market in 2025
Group plans to open a new R&D facility later this year
US government finalizing legislation to limit funding for Chinese firms
Said he expects the export restrictions to remain in place for several decades
Further extends program launched by department in 2023