Sen. Dan Sullivan, R-Alaska, is urging Congress to revisit legislation that would require U.S. firms to report outbound investments that could threaten American national security.
U.S. export controls will slow China’s innovation efforts, but they'll never “stop” the country from advancing technologically, Bureau of Industry and Security Undersecretary Alan Estevez said.
The Bureau of Industry and Security is studying ways it can place potential export controls on access to advanced open-source software, including artificial intelligence-powered models similar to ChatGPT-4, as well as certain cloud computing services, BIS Undersecretary Alan Estevez said. Although Estevez said no controls are imminent, the agency is working to form a set of export control policy options to address both.
American chip designer Nvidia is working with the Biden administration to make sure its products comply with U.S. export restrictions, CEO Jensen Huang said during a news conference in Singapore this week.
The Bureau of Industry and Security needs to overhaul its export control policies to stem the flow of U.S. national security technology that is fueling China’s military modernization, House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, said in a report marking the end of a 90-day review of the agency (see 2210030068).
Three days after Commerce Secretary Gina Raimondo suggested her Bureau of Industry and Security needs more funding to handle a surge in export licensing requests (see 2312040041), three key House Republicans said on Dec. 5 that BIS must strengthen its export controls before they will support a budget increase for the agency.
New analysis from Georgetown University’s Center for Security and Emerging Technology includes a table of more than 100 types of semiconductors and whether they’re subject to U.S. export licensing requirements. CSET also said a new red flag recently published by the Bureau of Industry and Security could cause foundries to ask more questions of customers seeking to produce advanced chips.
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The U.S. this week announced new sanctions and export controls against a host of companies and people for violating export restrictions against Russia, including a Belgian businessman and his defense component procurement network. Along with new Treasury Department sanctions, DOJ said it was preparing to release two indictments against the man, Hans De Geetere, and the Bureau of Industry and Security added De Geetere, his affiliated companies and other unrelated parties to the Entity List for illegally supplying Russia’s military and defense industrial base.
The U.S. will increasingly look to apply new export licensing requirements to entire countries rather than to specific companies, which could lead to a shift away from the Entity List, Commerce Secretary Gina Riamondo said. She also said the agency will continue targeting new artificial intelligence-related products developed by American semiconductor companies, such as Nvidia, that fall just below U.S. export control thresholds.