We recently compiled a list of the Top 9 AI News Investors Should Not Miss. In this article, we are going to take a look at where EPAM Systems, Inc. (NYSE:EPAM) stands against the other AI stocks.
The US has always perceived advanced AI chips and equipment as a matter of national security. While preventing exports to China, Russia, Iran, and North Korea, regulations have helped limit the quantity of AI chips that can be shipped to most nations. Nevertheless, they have also granted America’s closest ally unrestricted access to American AI technology.
President Joe Biden’s administration was the most vocal and aggressive in passing regulations that broadly restricted China’s access to cutting-edge chips and the machinery needed to make them. The administration updated the controls every year to make them more stringent and catch nations that might transfer the technology to China.
While the move has helped the US safeguard advanced computing power, it’s presenting unique challenges that, if unchecked, could spell more trouble amid the artificial intelligence boom. The fact that DeepSeek was able to effectively develop its generative AI app despite the U.S. government’s efforts to restrict AI development in China is one such issue cropping up.
Both policy experts and tech companies are increasingly criticizing the rules as they stifle innovation around AI. In addition, there are concerns that AI diffusion rules aim to establish a centrally planned global computing economy, according to a Brookings analysis.
“A decade from now, we will look back and recognize how quixotic it was for the U.S. government of the mid-2020s to attempt to limit the ability of people in 150 countries to perform fast multiplications,” wrote John Villasenor, a nonresident senior fellow at Brookings and professor of electrical engineering, law, public policy, and management at UCLA.
Microsoft has already fired a warning shot, insisting that stringent AI chip export regulations could result in catastrophic results. Its concern comes amid reports China is already taking advantage of the tightened US restrictions on advanced chips and equipment. The country is reportedly urging and wooing other countries to consider its chips as it would be a better partner in the long term amid the growth of AI infrastructure. The company is already warning that the US stands to lose big business as countries shun US chips due to the stringent regulations.
The company is already lobbying the Donald Trump Administration to try to lessen some of the regulations passed in the final days of President Joe Biden’s administration. The rules ended a four-year Biden administration initiative to limit China’s access to cutting-edge chips that could improve its military prowess. The rules also sought to keep the United States at the forefront of artificial intelligence by plugging holes, erecting new barriers to regulate chip flow, and advancing AI worldwide.
