The United States has finalized rules that limit investments in critical technology sectors in the Peoples Republic of China such as artificial intelligence on national security grounds.
The restrictions will bar United States citizens and permanent residents, as well as US-based companies, from engaging in transactions involving technologies including Artificial Intelligence, semiconductors and quantum computing.
US investors will also be obligated to inform the Treasury about investments in some less advanced technologies “that may contribute to the threat to the national security of the United States.
The curbs, which are due to take effect on January second 2024, will ensure US investment is not exploited to advance the development of key technologies by those who may use them to threaten our national security.
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