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U.S. adds Chinese companies to export blacklist for supplying AI chips to China's military. Restrictions extended to companies supporting Russia's military and drones in conflicts. China criticizes U.S. actions, emphasizing normal economic cooperation with Russia.
TECH NEWS News: US blacklisted Chinese companies for supplying AI chips to China's military, leading to tensions. China refuted the claims, vowing necessary actions.
(Bloomberg) -- The US has added four Chinese companies to an export blacklist for buying US-origin goods to support China’s military modernization efforts, the Department of Commerce said in statement published Thursday.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-P
WASHINGTON (Reuters) -The United States is adding four Chinese companies to an export blacklist for seeking to acquire AI chips for China's military, a U.S. official said on Wednesday. The companies are "involved with providing AI chips to China's military modernization programs" and military intelligence users, the Commerce Department's Kevin Kurland, an export enforcement official, said at a U.S. Senate subcommittee hearing on strengthening export control enforcement.
AI Chips: The companies are among 11 additions to the Commerce Department Entity List posted by the government on Wednesday. Suppliers need licenses, likely to be denied, to ship goods and technology to companies on the list.