U.S. media: The White House is taking action to block the bill restricting AI chip exports.

On November 20, Jinshidata reported that, according to AXIOS, four informed sources indicated that senior officials in the White House are pressuring Congress members to exclude export restrictions on artificial intelligence chips to "countries of concern" from the annual defense policy bill. David Sacks, the White House's director of artificial intelligence and cryptocurrency, has been leading efforts to abandon the bill, and his efforts are now supported by the White House Office of Legislative Affairs, making the chances of the bill being included in the must-pass defense legislation extremely slim. Sources say government officials have been calling key lawmakers, including House Majority Leader Scalise, to inform them of their opposition to the bill. The bill requires chip companies to meet U.S. customer procurement requirements before exporting to "countries of concern." It also includes certain export license exemptions for "trusted" entities. Earlier, Nvidia CEO Jensen Huang successfully persuaded key U.S. government officials to believe that American companies serving countries of concern is beneficial. If the GAIN AI Act does not make it into the final version of the National Defense Authorization Act, Nvidia will be a big winner.
( comes from the Jinshi Data App)