<\/p>\n
White House crypto and artificial intelligence czar David Sacks warned that China has grown adept at evading US export controls and is at most two years behind American semiconductor design capabilities. <\/p>\n<\/div>\n
In a Bloomberg Television interview on Wednesday, Sacks said the US should be concerned that Huawei Technologies Co. is moving fast to catch up to its rivals outside China. He said that DeepSeek\u2019s breakthrough AI model earlier this year demonstrated how China could still advance even with export controls in place. <\/p>\n<\/div>\n
\u201cBefore DeepSeek, people thought that Chinese AI models were years behind and we realized that they are only months behind,\u201d Sacks said. <\/p>\n<\/div>\n
Sacks\u2019s comments highlighted the Trump administration\u2019s intention to maintain pressure on China over technology as the world\u2019s two largest economies vie for an advantage in AI. Export controls have emerged as a point of friction in US-China trade talks, with Beijing objecting to American controls on advanced technology and the US concerned over a crackdown by Beijing on critical minerals sales. <\/p>\n<\/div>\n
During the interview, Sacks faulted the Biden administration\u2019s so-called AI diffusion rule, which was revoked last month by the Trump administration. He called for a more nuanced approach to chip export controls, arguing that US allies are willing to comply with security requirements while partnering with American technology companies. <\/p>\n<\/div>\n
\u201cThe leading American semiconductor should not go to China, but we have export controls on that,\u201d he said. \u201cI don\u2019t think that we need a new globalized regime on every single GPU transaction to achieve the objective.\u201d <\/p>\n<\/div>\n
Sacks cautioned that needlessly tight US restrictions on sales of AI chips to American allies could unwittingly create an opening globally for Huawei and other companies by driving countries toward technology originating in China. <\/p>\n<\/div>\n
\u201cIf we are overly restrictive in terms of US sales to the world, I think that there will be a time where we kick ourselves and say, \u2018All of a sudden Huawei is everywhere when we used to have the market to ourselves. Why didn\u2019t we take advantage of that and lock it in?\u2019\u201d he said. <\/p>\n<\/div>\n
Separately, Sacks hailed the Senate passage on Tuesday of stablecoin legislation, saying the move would bring regulatory clarity for the industry and encourage more traditional financial industry players to embrace digital currencies. House lawmakers must now decide whether to take up the Senate bill or negotiate a compromise measure. <\/p>\n<\/div>\n
With assistance from Ed Ludlow and Caroline Hyde. <\/p>\n<\/div>\n
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