US Treasury proposes tighter curbs on US investment in AI and supercomputing in China, Russia

The US Treasury Department proposed a rule to tighten restrictions on American investments in high-tech areas including AI and supercomputing in China, Russia and other "countries of concern". The measure targets technology transfer through capital.

• Rule covers investments in AI and supercomputing
• Targets China, Russia and other "countries of concern"
• Proposal comes from the US Treasury Department