Senators propose bill locking in current AI chip export controls

A bipartisan group of senators introduced a bill Thursday that would codify current restrictions on AI chip sales to China, preventing the Trump administration from licensing more advanced chips for more than two years. The Secure and Feasible Exports (SAFE) Chips Act, put forward by Sens. Pete Ricketts (R-Neb.) and Chris Coons (D-Del.), would direct the Commerce secretary…