The Trump administration is following through with its threat to designate the AI company as a supply chain risk.
The Australian sharemarket copped a $40 billion wipe-out at the open on Friday, with a 1.4 per cent drop as escalating war in the Middle East triggers a global sell-off.
Neil Chilson, a Republican former chief technologist for the Federal Trade Commission who now leads AI policy at the Abundance Institute, said the decision looks like “massive overreach that would ...