U.S. finalizing rules to ban certain investments in AI tech in China | TechCrunch
Briefly

The Biden administration is set to finalize rules aimed at restricting U.S. investments in certain AI technologies and military-related sectors in China, reflecting growing geopolitical tensions.
Beginning January 2, the regulations will prohibit U.S. investors from providing capital and expertise to enhance military and cybersecurity capabilities in China, focusing on core technologies.
Overseen by the newly formed Office of Global Transactions, these rules incorporate an exemption for trading publicly listed securities but reinforce existing restrictions on specific Chinese firms.
This move underscores a strategic pivot in U.S. policy towards tech investments, as officials seek to curtail China's military advancements through financial means.
Read at TechCrunch
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