White House officials pressure Congress to drop GAIN AI Act restricting chip exports to China from defense bill; Nvidia stands to benefit as AI czar David Sacks leads effort backed by Legislative Affairs office.

Scoop: White House moves to block bill restricting AI chip exports

Key White House officials are pressing lawmakers on Capitol Hill to keep AI chip export restrictions to China out of the annual defense policy bill, four sources familiar with the matter told Axios.Why it matters: Nvidia would win big if the GAIN AI Act doesn't make it into the final version of the National Defense Authorization Act.AI czar David Sacks had been spearheading an effort to drop the bill, and his effort now has the backing of the White House Office of Legislative Affairs, making the...