Newly imposed export rules block NVIDIA GPUs from China

What you need to know The US government is doubling down on AI safety and recently imposed new exportation rules and guidelines affecting the shipment of AI chips to China, Saudi Arabia, the United Arab Emirates, and Vietnam. The government seeks to establish control over these shipments as it fears the components will be used for military advances. Early implementation of the rules has deterred NVIDIA’s plans to ship $5 billion worth of AI chips to China, forcing it to cancel orders from Alibaba, Baidu, and Byte Dance. Chipmakers will now require an export license to ship AI chips to…