The United States has signed an agreement to provide Poland with a $2 billion loan to support the European country’s defense modernization program. The deal will bolster the defense and deterrence of NATO’s eastern flank, the Department of State said on Monday. The Foreign Military Financing direct loan will fund Warsaw’s efforts to beef up...
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IBM, Honda Eye Joint R&D on Advanced Semiconductor Processes
Honda Motor and IBM are planning a long-term collaboration on research and development for advanced semiconductor processes, such as brain-like computing and technologies for lower-cost, high-performing chiplets, to support the production of software-defined vehicles. The companies outlined their plan in a memorandum of understanding that they jointly announced on Tuesday. According to the announcement, the...
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US Cuts Back Licensing Requirements for Australia, UK to Promote Trade, Innovation
The United States has scaled down its export control rules for Australia and the United Kingdom to advance defense trade and innovation among the three countries. The Department of Commerce’s Bureau of Industry and Security, which released the interim final rule Thursday to govern trade flow for the AUKUS partners, estimated that the change would...
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Report: US Stalls AMD Bid to Supply China With AI Processor
The United States has reportedly stalled Advanced Micro Devices’ bid to sell an artificial intelligence chip with lower performance capability to China. Citing people familiar with the matter, Bloomberg reported that U.S. officials informed AMD that the AI processor was still classified as powerful. They advised the chipmaker to secure a license from the Department...
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White House Seeks Government Scrutiny of US Tech Investments in China
President Joe Biden will release this week an executive order to scrutinize outbound investments in sensitive technologies to China, according to a Reuters report. The order is designed to stop U.S. capital and expertise from supporting the development of technologies that could modernize China’s military and eventually threaten U.S. national security, the report added. Sources...
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Russian Defense Chief: Moscow to Strengthen Forces in West to Counter NATO Threat
Russian Defense Minister Sergei Shoigu has revealed his country’s plan to build up military forces at its western borders to counter the NATO threat. The defense minister expects the deployment of NATO forces and weaponry in Finland following the country’s recent admission as a member of the alliance. According to a Reuters report, Shoigu said...
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EO Empowers Treasury to Regulate US Tech Investments in China
President Joe Biden signed an executive order Wednesday authorizing the Department of the Treasury to regulate U.S. technology investments in China and other countries of concern. The regulatory measure covers three technological sectors sensitive to national security, namely: semiconductors and microelectronics, quantum information technologies, and artificial intelligence. The EO follows extensive and thorough consultations by...
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Reuters: US Updating Restrictions on Exporting AI Chips, Chipmaking Tools to China
A U.S. official revealed that China has been informed of U.S. plans to update the rules banning the export of artificial intelligence chips and chipmaking tools to Beijing, according to a Reuters report. The rules were first implemented in October 2022 as part of Washington’s effort to address national security concerns, hinder China’s efforts to...
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Sweden Drafts New Aid Package for Ukraine; Looks Into Combat Aircraft as Possible Support
Sweden has asked the Swedish Armed Forces to study and report on the conditions for a planned shipment of JAS 39 Gripen combat planes to Ukraine. The order to assess the issue of sending spare fighter jets to Ukraine follows Sweden’s announcement of its 14th military aid package, worth $155 million, to the war-torn country....
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South Korean Authorities Raise Security, Economic Concerns Over Private Sector Work With Taiwan
South Korean authorities said marine engineering company SI Innotec’s $12 million contract to supply equipment to a Taiwanese shipbuilder posed a national security threat because it might trigger economic sanctions from its top trading partner, China, which claims Taiwan as its territory. According to a Feb. 17, 2022, police affidavit obtained by Reuters, SI Innotec’s...