In the News: US Restricts AI Exports; JPMorgan's Futures JV; and Oil and Gas Opening Up

January 13, 2020 | BY

Vincent Chow

U.S. tightens supervision over AI software exports with China in mind; JPMorgan Chase applies for majority stake in Chinese futures business; and China opens up oil and gas industry to foreign players

U.S. tightens AI export supervision

The United States is increasing its oversight over the export of artificial intelligence (AI) software in a move many say targets China. Under a new rule finalized by the Commerce Department, which came into effect on Jan. 6, companies will need a license to export overseas certain types of geospatial imagery software, such as drones and satellites, except for Canada.

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