Biden’s new AI export rule sparks backlash from Nvidia, Oracle

On Monday, eight days before President-elect Donald Trump is set to take office, President Joe Biden’s administration introduced a new regulatory framework aimed at controlling the export of advanced AI technology, for national security and foreign policy reasons. The new rule received significant criticism from the tech industry.

The framework, titled the Interim Final Rule on Artificial Intelligence Diffusion, specifically focuses on advanced computing chips and closed AI model weights. It…