New Delhi, Sept. 6 -- Leading AI chipmaker Nvidia has raised strong concern over the GAIN AI Act, warning that the proposed law would restrict global competition for advanced processors and hurt industries worldwide that depend on cutting-edge computing power.
The Guaranteeing Access and Innovation for National Artificial Intelligence Act (GAIN) AI Act, recently introduced seeks to ensure that American buyers, including startups, universities, and small businesses, get priority access to advanced AI chips before they are exported overseas.
The legislation also proposes licensing requirements for shipments of high-performance chips above a certain processing threshold, effectively tightening controls on who gets access to the world's most ...