White House Official Says Details On AI Chip Export Rule Coming Soon
Last Updated on: 1st October 2022, 12:26 pm
This White House official said on Friday that the details on a potential new rule to export high-performance artificial intelligence chips to China “relatively soon” are forthcoming. The announcement comes as China has been rapidly increasing its investment in artificial intelligence and as the United States is seeking to bolster its technological edge in the field.
National Security Council Official Tarun Chhabra said from the U.S. will provide more information about the export rule for artificial intelligence chips.
“We are working on letters that will provide more detail about the policy,” Chhabra said during a press briefing. “We anticipate releasing those letters soon.” Security, but there is already concern that the technology could pose a threat.
According to White House official Chhabra, the Trump administration is still in the process of determining how to regulate the export of AI chips, but he expects more information to be available soon.
Chhabra added that the White House is still in the early stages of evaluating the impact of AI on national security and that more information is needed before any decisions are made.
AI Could Be Used To Create Malicious Software Or Cyber-Attacks
There is concern that AI could be used to create malicious software or cyber-attacks. For example, facial recognition software could be used to identify and track individual users, or AI algorithms could be used to predict financial trends.
At this point, it is unclear what form this information will take. However, Nvidia and AMD are the two largest chipmakers in the world, and it is likely that they will be heavily involved in any proposed regulation. It is important that they are aware of the potential implications of this rule, and that they are able to prepare themselves appropriately.
Chip company Nvidia has seen a drop in its stock prices after it disclosed that it could hit revenues of $400 million in the current fiscal quarter. This news received in letters from the US trade representative. The letters ask for prices for certain chips to be renegotiated. The US is alleging that the prices are too high and that other countries are unfairly profiting from the US’s monopoly.
Nvidia CEO Jen-Hsun Huang responded to the by saying that the company is “extremely disappointed with the USTR’s actions and believe they will harm the overall US semiconductor industry.” Huang also said that Nvidia plans to continue cooperating with the USTR but that it had to “defend our business and our shareholders.”
Today, the White House confirmed that the restrictions affect only the most advanced chips and are “structured as a combination of computing power, but also adding speed.” The restrictions are not only aimed at China but also at other countries that may want to develop similar technology.
Nvidia President Jensen Huang announced that out restrictions on chips are the combination of a chip’s performance and capability to connect to other chips in order to move huge amounts of data through a data center efficiently. He said that the criteria were only a small percentage of Nvidia’s offerings.
But according to White House Officials, details on the AI chip export rule are coming soon. So, what does this mean for Nvidia?
For starters, it’s likely that Nvidia’s older chips won’t be affected. And if they are, it’s likely that Nvidia will be able to find a workaround or fix.
In the meantime, Nvidia will have to watch its competitors – like AMD – which have been working on similar products.
