• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by February 7, 2025
written by February 7, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug
next post
Southern California Edison acknowledges videos suggest link between equipment and Eaton fire

related articles

Trump tariff plan faces uncertain future as court...

May 31, 2025

Musk confident DOGE will save $1 trillion as...

May 30, 2025

Who will be Elon’s successor? The top names...

May 30, 2025

Donald Trump fires National Portrait Gallery director for...

May 30, 2025

Elon Musk sports black eye at farewell presser...

May 30, 2025

Biden says he could ‘beat the hell out...

May 30, 2025

‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...

May 30, 2025

Unfinished Business: The budget cuts Musk couldn’t complete...

May 30, 2025

Alleged attempt to impersonate White House chief of...

May 30, 2025

Inside the late-night drama that led to Trump’s...

May 30, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Alleged attempt to impersonate White House chief of staff under federal investigation

    May 30, 2025
  • FTSE Today: Up 0.6% with Top Risers and Losers

    July 29, 2024
  • ‘Squad’ member delivers real-time whiteboard responses to Trump: ‘No king!’

    March 5, 2025
  • House DOGE subcommittee chair Greene threatens criminal referrals over foreign aid spending

    February 27, 2025
  • Microsoft Stock: $10B AI Gamble Stalls After 10% Surge

    October 8, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,734)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Frustration at Elon Musk spills over after closed-door House GOP meeting: ‘Fed to the wolves’

    February 25, 2025
  • Hegseth orders ‘historic’ reduction in general officers in the military

    May 5, 2025
  • Trump announces pick of real estate tycoon Steven Witkoff for Middle East envoy

    November 13, 2024

Recent Posts

  • Fed Chair Powell says holding rates high for too long could jeopardize economic growth

    July 11, 2024
  • Trump clears Nippon merger with U.S. Steel

    May 24, 2025
  • Maersk CEO dismisses US recession fears, cites strong freight demand despite weaker Q2 financials

    August 7, 2024

Editor’s Pick

  • Trump wants to revive the lagging US shipbuilding industry. Here are the hurdles he faces

    April 21, 2025
  • Kamala Harris vetting list of possible running mates with 4 standouts: report

    July 25, 2024
  • Elon Musk and Sam Altman spar over Trump’s Stargate AI investment announcement

    January 25, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock