The Trump administration walked back proposed regulations on how many artificial intelligence chips other countries can buy, reversing a rule established by the Biden administration.

President Donald Trump has continued to voice his desire for the U.S. to remain an AI leader while trying to keep top tech out of the hands of China.

After a week or so of rumors, the U.S. Department of Commerce formally rescinded Biden-era AI export controls that were set to go into effect on May 15.