The chipmaker has been quick to redesign its products to pass the current restrictions, but US Commerce Secretary Gina Raimondo seems to have had enough.

Lol. Lmao.

In the funniest timeline, the US nationalizes Nvidia to delay China from making chips that work well with LLM’s… by a year tops.

Link to original Fortune article the PC Gamer article pulled from, with this juicy relevant quote:

To do that, Raimondo said the Commerce Department’s Bureau of Industry and Security, which manages export controls for the US, needs more funding from Congress.

“I have a $200 million budget. That’s like the cost of a few fighter jets. Come on,” she said. “If we’re serious, let’s go fund this operation like it needs to be funded.”

  • InevitableSwing [none/use name]@hexbear.netEnglish
    28·
    11 months ago

    To do that, Raimondo said the Commerce Department’s Bureau of Industry and Security, which manages export controls for the US, needs more funding from Congress. […] “I have a $200 million budget. That’s like the cost of a few fighter jets. Come on,” she said. “If we’re serious, let’s go fund this operation like it needs to be funded.”

    Once there’s serious money for Cold War 2: China Boogaloo - it’s not going to the Commerce Department’s Bureau of Industry and Security. There will be a huge turf war involving the Pentagon, the CIA, the NSA, etc. They will all want the lion’s share of the money for themselves for what they’ll call something like “strategic interests AI”. And - of course - once they get that money they’ll want huge increases each and every year to counter the threats from foreign advisories.