Nvidia denounces Biden administration's 'rigged' and 'misguided' new AI chip export restrictions
Nvidia has dropped a blog post bomb on the Biden administration's new AI chip export restrictions, announced earlier today and rumoured for some time. Nvidia's vice president of government affairs, Ned Finkle, denounced the plans as «misguided» and an attempt to «rig» the market. Nvidia also sought to flatter the incoming President, crediting Trump for America's «current strength and success in AI.»
Finkle's blog post is borderline brutal in its dismissal of the new rules being imposed in the dying days of the Biden administration.
«The Biden Administration now seeks to restrict access to mainstream computing applications with its unprecedented and misguided 'AI Diffusion' rule, which threatens to derail innovation and economic growth worldwide,» Finkle said, describing the new rules as a «200+ page regulatory morass, drafted in secret and without proper legislative review.» Ouch.
He also claimed this «sweeping overreach» was an attempt to «rig market outcomes and stifle competition.» Moreover, Finkle says the rules, which are designed to prevent America's adversaries from acquiring advanced AI technology, won't work anyway.
«Rather than mitigate any threat, the new Biden rules would only weaken America’s global competitiveness, undermining the innovation that has kept the U.S. ahead,» he claimed.
For the record, the new rules are indeed pretty sweeping. They impose quotas on sales of AI GPUs to most countries in the world, the idea being to block Chinese efforts to circumvent earlier export controls on GPUs into China specifically. No question, this would all have a direct and substantial impact on Nvidia.
But Nvidia isn't the only big tech entity upset by the new rules. Oracle Executive Vice President Ken Glueck said the new export regime “does more to achieve extreme regulatory overreach than protect US interests and those of our partners and allies,” adding that it, «practically enshrines the law of intended consequences and will cost the US critical technology
Read more on pcgamer.com
