COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: US Lawmakers Propose Bipartisan Bill on AI Export Controls
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Crypto AI > US Lawmakers Propose Bipartisan Bill on AI Export Controls
Crypto AI

US Lawmakers Propose Bipartisan Bill on AI Export Controls

In Brief

  • US lawmakers introduce a bipartisan bill for AI export controls.

  • The bill aims to overcome legal challenges in regulating AI exports.

  • It grants the Commerce Department authority to prevent risks to national security.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

In the US, lawmakers have announced a bipartisan bill that will assist the Biden administration in applying export controls to the country’s top artificial intelligence (AI) models. On the evening of May 8, House Republicans Michael McCaul and John Molenaar, along with Democrats Raja Krishnamoorthi and Susan Wild, unveiled the proposal aimed at navigating future regulatory challenges related to AI exports.

Contents
AI on the Agenda in the USWhat’s Happening in the Field of AI?

AI on the Agenda in the US

This also grants the Commerce Department clear authority to prevent American citizens from collaborating with foreign agents in developing AI systems that could pose a potential risk to US national security. According to current legislation, it is more challenging for the US Commerce Department, which oversees export policy, to regulate open-source AI models. If the newly proposed bill is approved, it will minimize the obstacles in regulating the export of open-source AI.

This move follows a report published by Reuters on May 8, indicating that the US is ready to act to protect its domestically developed AI from China and Russia. It mentioned implementing export controls on the most advanced proprietary AI models. It is known that China uses US-origin open-source models like Meta’s Llama to develop its own AI.

What’s Happening in the Field of AI?

This also follows a recent agreement made on April 16 between Microsoft and the Dubai-based AI company G42 of the United Arab Emirates (UAE). Microsoft has committed to a $1.5 billion deal to support local AI innovation in the UAE. This agreement will also provide the UAE access to the latest AI technologies developed by Microsoft in the US.

This step is one of many agreements Microsoft has made with foreign governments regarding the development and use of its AI models and cloud services, yet the primary concern of the US continues to be the potential acquisition of high-level AI technology by the Chinese government. In November 2023, 01.AI, one of China’s most high-profile AI companies founded by former Google executive Lee Kai-fu, announced that its AI model Yi-34B was developed using Meta’s Llama system.

This is one of several steps the US government has taken to impose sanctions on China and minimize its access to US-made AI technology. In January, Chinese AI firm Baidu faced potential sanctions due to allegations that the People’s Liberation Army (PLA) was using the company’s technology for military purposes.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

OpenAI Develops Exciting New Social Media Platform for Creative Sharing

Prioritize Product Development Over Coin Launches, Says Binance Founder CZ

Survey Reveals Investor Sentiments on AI-Based Digital Assets

AI Investments Surge While Crypto Funding Stalls

Artificial Intelligence is Shaping the Future of the Crypto Market

COINTURK NEWS 10 May, 2024 - 8:32 pm 10 May, 2024 - 8:32 pm
Share This Article
Facebook Twitter
Share
Previous Article Zilliqa Network Restores Functionality After Recent Disruptions
Next Article Harvest CEO Aims to Open Bitcoin ETFs to Mainland Chinese Investors
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Markets Surge as Altcoins Eye Dramatic Upswing
Altcoin News
Discover Enormous Potential in Cryptocurrency’s Next Big Wave
Altcoin News Cryptocurrency News
Trump Sparks Tension with Bold Cryptocurrency Claims
Cryptocurrency News
Ethereum’s Meteoric Rise Shifts Market Focus
Ethereum (ETH)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?