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• Nvidia has criticized new regulations from the Biden administration, claiming they could harm global progress in AI and accusing the government of overreaching with their attempts to control technological diffusion under the pretext of national security.
• The Biden administration faces allegations of stifling innovation by imposing restrictions on AI chip exports, which critics argue could undermine America's leadership position in technology and hinder competition.
• While the executive order is framed as a way to enhance national security, opponents contend that these regulations may instead limit market access and damage the economic interests of U.S. tech companies.