US Department of Commerce issues proposed rule impacting AI and US IaaS providers to counter foreign malicious actors

Randall H. Cook, Morial Shah, Bojan Lazarevski, Alex Trafton and Tracy Gronewold – Ankura Consulting Group LLC ankura.com Overview On 29 January  2024, the Bureau of Industry and Security (‘BIS’) at the US Department of Commerce issued a new proposed regulatory rule (the ‘proposed rule’), which…