Biden signs executive order restricting investment in Chinese tech companies | Engadget

that puts new limits on American investment in certain types of Chinese tech firms. The order is meant to address national security concerns posed by companies that deal with “sensitive technologies,” including semiconductors, quantum computing and artificial intelligence.

"Advancements in sensitive technologies and products in these sectors will accelerate the development of advanced computational capabilities that will enable new applications that pose significant national security risks, such as the development of more sophisticated weapons systems, breaking of cryptographic codes, and other applications that could provide these countries with military advantages," the executive orderThe White House described the move as “narrowly targeted,” saying...

The executive order, which won’t go into effect until 2024, is hardly the first time the US has sought to limit the influence of Chinese tech firms in recent years. Both Biden and his predecessor imposed significant restrictions

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Biden issues order curbing U.S. investment in Chinese tech sectorsNEW from Olivia_Gazis & I — The Biden Administration is expected to announce today an executive order that would limit US investment in sensitive Chinese tech sectors, like semiconductors and AI.
مصدر: CBSNews - 🏆 87. / 68 اقرأ أكثر »

Biden Trade Official Warns of Chinese Dominance in American EV MarketA top U.S. trade official emphasizes the Biden administration's awareness of China's desire to dominate the American electric vehicle market. Measures such as tariffs and tax incentives are being implemented to protect domestic production and counter the influence of Chinese-made vehicles.
مصدر: WashTimes - 🏆 235. / 63 اقرأ أكثر »

Biden to curb U.S. investment in Chinese tech sectorsThe Biden Administration aims to limit U.S. corporations' investment in Chinese tech sectors, including advanced semiconductors, artificial intelligence, and quantum computing, in an effort to slow Beijing's development of next-generation technologies with potential military applications.
مصدر: CBSNews - 🏆 87. / 68 اقرأ أكثر »