Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Top Republican moves to restrict AI exports amid concerns over Chinese tech

by
February 7, 2025
in Latest News
0
Top Republican moves to restrict AI exports amid concerns over Chinese tech

A top House Republican is moving to make it harder for China to procure advanced U.S. technology amid longstanding concerns about intellectual property theft by Beijing.

‘My proposed legislation will establish safeguards to prevent future shocks like China’s development of DeepSeek using American technology. In addition to the chips China reportedly stockpiled, it appears China used chips under the current export control threshold to achieve this AI breakthrough,’ House Homeland Security Committee Chairman Mark Green, R-Tenn., told Fox News Digital.

‘This scenario should be a wakeup call — if you give the CCP an inch, it will take a mile. The CCP’s craftiness is coupled with a total disregard for legal and security considerations. We already know that the CCP uses technology to oppress its own citizens and to commit acts of espionage and sabotage against the United States, including major cyberattacks.’

DeepSeek is an artificial intelligence (AI) software company based in Hangzhou, China. Its AI chatbot is known to be similar to ChatGPT, which was made by California-based OpenAI.

DeepSeek’s release of the new high-profile AI model that costs less to run than existing models like those of Meta and OpenAI sent a chill through U.S. markets.

Its popularity in U.S. app stores has also renewed concerns about Chinese companies collecting American data, as well as the Chinese Communist Party’s (CCP) censorship practices.

The surprise DeepSeek release also displayed how China’s economic competitiveness has far outpaced the ability of U.S. business leaders and lawmakers to agree on what to do about it. 

The U.S. Commerce Department is now looking into whether DeepSeek used chips that were banned from entering China via sanctions, Reuters reported. 

Green’s bill would put export controls on certain national interest technology and intellectual property to China.

It would also call for sanctions against foreign actors who sell or purchase such items to and from China, as well as Chinese entities who knowingly use items covered by the export controls.

This post appeared first on FOX NEWS
Previous Post

FBI agents’ association ‘optimistic’ about AG Bondi despite early controversy with Trump administration

Next Post

Lawmakers demand Bondi’s DOJ investigate Biden’s post-Election Day dismissal of green energy fraud lawsuit

Next Post
Lawmakers demand Bondi’s DOJ investigate Biden’s post-Election Day dismissal of green energy fraud lawsuit

Lawmakers demand Bondi’s DOJ investigate Biden’s post-Election Day dismissal of green energy fraud lawsuit

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

March 13, 2026
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

March 13, 2026
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

March 13, 2026
Fuji Media, rocked by sexual misconduct allegations, says executives to resign

Fuji Media, rocked by sexual misconduct allegations, says executives to resign

March 13, 2026

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

    Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

    March 13, 2026
    Analysis-To weather Trump, emerging market investors look to the frontier

    Analysis-To weather Trump, emerging market investors look to the frontier

    March 13, 2026
    China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

    China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

    March 13, 2026
    Fuji Media, rocked by sexual misconduct allegations, says executives to resign

    Fuji Media, rocked by sexual misconduct allegations, says executives to resign

    March 13, 2026

    Top News

    Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

    Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP

    March 13, 2026
    Analysis-To weather Trump, emerging market investors look to the frontier

    Analysis-To weather Trump, emerging market investors look to the frontier

    March 13, 2026

    Latest News

    • Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP
    • Analysis-To weather Trump, emerging market investors look to the frontier
    • China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.