U.S. holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks
DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List.
TL;DR
- The U.S. has not added Chinese AI startup DeepSeek, memory chipmaker CXMT, and over 100 other companies to its trade blacklist.
- These companies were approved for the Commerce Department's Entity List last year but their addition has not been published.
- DeepSeek is accused of supporting China's military and intelligence operations and attempting to illegally access U.S. chips.
- CXMT, China's top memory chipmaker, was previously designated as a Chinese military company.
- The delay in listing is reportedly to avoid escalating tensions with Beijing.
- U.S. companies require a license to ship goods, software, and technology to listed entities, which is likely to be denied.