US House passes bill to give Congress authority over Nvidia exports.

The article focuses on the advancement of the "AI Overwatch Act" by the US House of Representatives Foreign Affairs Committee, which aims to grant Congress authority over exports of artificial intelligence chips. Introduced by Representative Brian Mast of Florida, the bill seeks to allow the House Foreign Affairs Committee and the Senate Banking Committee a 30-day period to review and potentially block licenses for exporting advanced AI chips, particularly to China and other adversaries. This legislative move follows concerns raised after shipments of Nvidia's H200 AI chips to China were approved by the previous administration, despite opposition from the White House and a social media campaign against the bill. The legislation must still pass through the full House and Senate to become law. [Extracted from the article]