The Biden administration announced a "final rule" on AI chip export controls Monday, as tech leaders express concern framework undermines U.S. leadership.
As Donald Trump prepares for his inauguration, a plethora of tech giants and corporations have pledged significant donations to his inaugural fund, raising over $200 million.
A new AI regulation framework limits U.S. chip and software exports. Bank vendors are among the tech giants that say it's poorly timed and threatens innovation.