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at eatonvance.com slash symbols. Before investing, prospective investors should carefully consider the investment objectives, risks, charges, and expenses. The current prospectus contains this and other information and it's available at eatonvance.com. Read the prospectus carefully before investing. Not FDIC insured. Offer no bank guarantee. May lose value. Not insured by any federal government agency. Not a deposit. Investments involve risk. Principal loss is possible. Distributed by Foresight Fund Services, LLC. Here's your TNB Tech Minute for Friday, December 13th. I'm Belle Lynn for The Wall Street Journal.
The U.S. is preparing rules that would restrict the sale of advanced artificial intelligence chips in certain parts of the world in an attempt to limit China's ability to access them. That's according to people familiar with the matter.
Some of the people said the regulations are aimed at halting China's access to computing power housed in other countries. Still, they threatened to create conflict between the U.S. and nations that may not want their purchases of chips micromanaged from Washington.
The purchasing caps primarily apply to regions such as Southeast Asia and the Middle East, the people said. And the rules cover cutting-edge processors known as GPUs or graphic processing units, which are used to train and run large-scale AI models. Elon Musk pushed for OpenAI to become a for-profit company that he would control before leaving its board amid a power struggle in 2018.
That's according to internal company communications the ChatGPT maker released online. OpenAI published the documents today in response to Musk's request last month for a preliminary injunction blocking OpenAI from transitioning to a for-profit company.
Musk has argued that he was manipulated into believing OpenAI would be a purely non-profit venture when he initially invested in it. OpenAI said the documents show Musk, in fact, previously backed the idea.
Musk did not immediately respond to a request for comment. The Wall Street Journal could not independently verify the authenticity of the documents OpenAI published. News Corp, owner of the Wall Street Journal, has a content licensing partnership with OpenAI.
And Amazon union members at two New York City warehouses in Staten Island and Queens have voted in favor of authorizing strikes. That's according to the International Brotherhood of Teamsters, one of America's largest labor unions.
The union said the decision follows, quote, Amazon's illegal refusal to recognize their union and negotiate a contract addressing the company's low wages and dangerous working conditions. Amazon wasn't immediately available for comment.
For a deeper dive into what's happening in tech, check out Monday's Tech News Briefing Podcast. Viking, committed to exploring the world in comfort. Journey through the heart of Europe on an elegant Viking longship with thoughtful service, cultural enrichment, and all-inclusive fares. Discover more at viking.com.