The US has blacklisted over 50 Chinese companies in an effort to curb Beijing's growing AI chip capabilities. This move is aimed at restricting China's access to advanced technologies, particularly in the field of artificial intelligence.
The blacklist, which includes companies from China, the UAE, South Africa, Iran, Taiwan, and other countries, is part of a broader effort by the US to limit China's technological advancements. The US Department of Commerce's Bureau of Industry and Security (BIS) has added these entities to its blacklist, citing national security concerns.
This development is likely to have significant implications for China's tech industry, particularly in the areas of AI, semiconductor manufacturing, and other advanced technologies. The move may also escalate tensions between the US and China, which have been engaged in a tech rivalry for several years.
