Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of arti

After a week or so of rumors, the U.S. Department of Commerce formally rescinded Biden-era AI export controls that were set to go into effect on May 15.

The Commerce Department on Monday officially rescinded the former Biden administration’s artificial intelligence diffusion rule that would have placed caps on chip sales to most countries