US has stricter rules on AI investments in China, to go into effect on this date

The US government has said that it is finalising new regulations to restrict investments in Chinese technology sectors, including artificial intelligence (AI), semiconductors and quantum computing, saying that they may pose national security risks.
According to a report by news agency Reuters, the proposed rules by the Biden administration are set to take effect on January 2. They will be implemented by the Treasury’s newly established Office of Global Transactions, the report added.