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And so actually need to salute Alan and his team earlier than they come up here. And so with that, let me ask Alan to return up and actually simply thank him for making time obtainable at the moment. And we stood up a brand new workplace called the Office of information Communication Technology Services, ICTS, that is also making somewhat little bit of a splash today. Beginners can ask for explanations of programming concepts or steering on fixing coding issues, making it an interactive studying tool. 30 days later, the State Council had a steerage document on, my gosh, we need to get enterprise capital funding revved up again. Tenstorrent, an AI chip startup led by semiconductor legend Jim Keller, has raised $693m in funding from Samsung Securities and AFW Partners. So the controls we placed on semiconductors and semiconductor gear going to the PRC have all been about impeding the PRC’s ability to construct the large-language fashions that can threaten the United States and its allies from a national safety perspective. Imposing these costs and slowing down and impeding the Russian industrial base is crucial to the national safety of the United States, and positively to the folks of Ukraine.

And over the years, seen him work tirelessly together with his team, oftentimes beneath the radar display, working exhausting to make sure safety of U.S. But if you happen to look again over what we’ve completed, you realize, many of the controls we’ve put on - and I’ll talk about three things, really - are controls related to the PRC or controls associated to Russia. So let me talk about those three things, and once more, then we’ll just soar into some Q&A because I think dialogue is way more important. Again, you recognize, Russia has worked around a few of those controls. That’s why you see Russia going to North Korea for weapons and troopers, why you see Russia going to Iran for weapons and constructing a kind of true axis of evil, if you'll, to work round. In Grid, you see Grid Template rows, columns, areas, you selected the Grid rows and columns (start and end). So there’s lots of commerce happening, but the controls that now we have put on - our October 22 controls associated to semiconductors; October - November 23 - I don’t know, it may need been October 23; December of last 12 months associated to semiconductors have all been about the highest finish of tech, and that highest finish of tech really associated to artificial intelligence as a result of - after which our rule yesterday on AI diffusion related to artificial intelligence.

In the final yr we put a ban on software related to Kaspersky Labs. In the event you own a automobile, a linked car, a fairly new automobile - let’s say 2016 ahead - and your automotive gets a software replace, which is probably most of the people on this room have a related vehicle - your car knows a hell of loads about you. With regard to the PRC, you understand, folks always ask, like, what are these controls related to China? With regard to Russia and Russia’s additional invasion into Ukraine beginning in 2022, you know, we always had some important controls on Russia, but the team at BIS - you recognize, most of this started before I acquired there in April of 2022 - construct a coalition of 38 nations that put significant controls on the Russian industrial base and on exports going to Russia. Finally, on the ICTS, you know, I received to the BIS, and ICTS was about 4 or 5 individuals, all borrowed manpower, sitting in an office with no money, no funding; a directive to face up this office however no money, no funding. We finally bought funding in January-February of ’23.

App Store over the weekend. The app at present sits in the top 10 record at no cost apps in 111 nations on the App Store and in 18 countries on Google Play, in line with Appfigures. The sudden emergence of a small Chinese startup able to rivalling Silicon Valley’s top gamers has challenged assumptions about US dominance in AI and raised fears that the sky-high market valuations of corporations comparable to Nvidia and Meta may be detached from reality. On high of that, synthetic intelligence at the following generations of fashions - not the fashions which are there at this time - are going to facilitate cyber capabilities - cyber warfare capabilities. Companies are now questioning whether or not they need to purchase as a lot of Nvidia’s high-efficiency instruments. Supply chains are a bit different from that. I don’t want to listen to about provide chain. I don’t know what it was like if you were - had my job, Eric, or when - Bill Reinsch is someplace in right here - had my job. Short answer being, if China doesn’t like your DeepSeek r1 outputs, you could be in for some hassle.

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