The Superintelligence Observer
The Next Web

US Treasury moves to curb AI, chip and biotech deals in China and Russia

The US Treasury has proposed rules that would expand its Outbound Investment Security Program, widening limits on American investment in chips, AI and biotech in countries it considers adversaries. Treasury Secretary Scott Bessent said the aim is to stop US money from funding technologies that threaten national security.

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The Decoder

Ex-Google CEO Eric Schmidt calls OpenAI and Anthropic modern colonial trading companies

In Foreign Affairs, Niall Ferguson, Lisa Klaassen and Eric Schmidt describe the US and China as AI empires and other countries as dependencies, arguing the race will be won by whoever can pay for it. US companies alone plan to spend over $600 billion in 2026, though debt, data center protests and a possible Taiwan chip crisis could slow both powers.