Zhipu Faces AI Trade Restrictions

This is a China news story, published by MSN, that relates primarily to the US Department of Commerce news.

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startup Zhipu

Cryptopolitan

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US places trade restrictions on Tencent-Backed AI startup, citing national security concerns

Summary

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Zhipu , valued at 20 billion yuan ( US$2.7 billion ) last September , is one of China ’s four AI Tigers’ The startup focuses on large language models similar to those from OpenAI ’s ChatGPT.

On Wednesday , the US Department of Commerce included the startup in its entity list.

The measure coincided with new regulations designed to prevent advanced chips, including AI accelerators, from reaching China .

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