Nvidia blasts Biden admin over ‘misguided’ AI chip restrictions, praises Trump

News Snapshot:

Nvidia blasted the Biden administration for implementing “misguided” rules limiting shipments of AI computer chips – and praised incoming President-elect Donald Trump – in a rare public broadside on Monday. The chip giant — which has ridden the AI wave to become the most valuable company in the world — took issue with last-minute rules unveiled Monday that cap the number of advanced chips most nations can buy from US firms. The new policy would also tighten requirements on exporting AI-related data for companies that create closed-source models, such as Google and OpenAI. “In its last days in office, the...