Fun

News Feed - 2023-10-24 01:10:15

Tristan Greene7 hours agoUS official confirms military concerns over China’s access to cloud technologyThe confirmation comes as tensions between the United States and China continue to rise.1030 Total views5 Total sharesListen to article 0:00NewsJoin us on social networksUnited States Undersecretary of Commerce for Industry and Security Alan Estevez recently told reporters at an event in Tokyo that the U.S. is looking to crack down on Chinese access to U.S. cloud-based technologies.


Speaking to journalists at the Mount Fuji Dialogue policy forum on Oct. 21, Estevez confirmed reports that the U.S. was considering applying similar interventionary measures to China’s cloud technology access as it had for artificial intelligence (AI) chips. 


“Cloud-based technologies are already fairly ubiquitous,” Estevez said, per a report from Nikkei. “Now, AI itself is also fairly ubiquitous.”


Estevez continued, clarifying:“The concern is ... AI in the future will probably command and control military logistics [and] military radar. Electronic warfare capabilities will be advanced. So we want to make sure that we’re controlling the use.” 


As Cointelegraph recently reported, the United States Department of Commerce’s Bureau of Industry and Security released a memo on Oct. 17 shoring up export controls on AI chips. The new requirements would require establishing a worldwide licensing requirement for the export of controlled chips to any U.S.-embargoed country, China included.


Related:US authorities monitor China-linked Bitcoin miners amid national security concerns: Report


In the wake of the recent AI chip export ban, U.S. market leader Nvidia’s stock slipped by nearly 5% as some experts predicted positive movement for Chinese chip manufacturers.


It remains unclear at this time if U.S. lawmakers intend to introduce a similar ban on cloud computing technology access, the logistics of which would be dynamically different due to cloud-based services requiring no physical export.


Discussions over potential furtherance of export restrictions between the U.S. and China could be aggravated by recent developments. U.S. allied vessels in the Philippines have faced blockades from Chinese coast guard vessels in recent weeks.


A report from Reuters indicates that a “slight collision” occurred on Oct. 22 when a Chinese coast guard vessel attempted to block a Philippine resupply ship from reaching its destination.


In response, the U.S. renewed its pledge to protect Philippine vessels “anywhere in the South China sea.”# China# United States# AI# Cloud Services# SanctionsAdd reactionAdd reactionRead moreBlockchain companies are creating AI chatbots to help developersIRS proposes unprecedented data-collection on crypto usersChina to build AI chip factory as global semiconductor race intensifies

News Feed

Hillary Clinton Warns Cryptocurrency Could Destabilize Nations, Undermine Dollar as World’s Reserve Currency
Hillary Clinton Warns Cryptocurrency Could Destabilize Nations, Undermine Dollar as World"s Reserve Currency Former presidential candidate Hillary Clinton has urged nation-states t
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
Homeowners Can"t Pay: US Lenders Prepare for Catastrophic Real Estate Market The coronavirus has managed to seep into every facet of the global economy and it seems nothing will
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Vol
Everscale Trail-Blazes Through H1 2022
Everscale Trail-Blazes Through H1 2022 sponsored With live-tested transaction speeds of 64,000 TPS, infinitely scalable blockchain Everscaleis undeniably one of the fastest out ther
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest leve
Zhiyuan Sun9 hours agoLao military says country’s crypto operators owe $20M in unpaid taxesThe government says the tax debt will be slashed by 50% in response to a prorated drop in cryptocurrency prices after the oblig
India Lists Cryptocurrency Bill to Be Taken up in Parliament — Crypto Legislation Expected Before Year-End
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End The government of India has listed a cryptocurrency bill to be taken up in
Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says ‘Fresh Rally’ Expected
Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says "Fresh Rally" Expected The start of the week saw digital currency markets dro
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows Global markets have been feeling the pressure of fear and uncertainty, as the upcoming
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 as Crypto Gains Encounter Resistance
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 as Crypto Gains Encounter Resistance Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices
Close to 11 Million BTC Haven’t Moved in Over a Year
Close to 11 Million BTC Haven"t Moved in Over a Year According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a w
Grayscale Investments Asks Investors to Help Convince SEC to Approve Bitcoin Spot ETF
Grayscale Investments Asks Investors to Help Convince SEC to Approve Bitcoin Spot ETF Grayscale Investments, the world’s largest digital asset manager, has launched a campai