🇺🇸 JUST IN: Treasury OFFICIALLY proposes BANNING US investments in AI firms in China, Russia and 3 other countries. The proposal covers China, Russia, Iran, North Korea and Cuba. It mixes outright bans and notice requirements for deals in chips, quantum, supercomputing, hypersonics and biotech. Publicly traded shares are exempt, and deals under $50,000 skip the notice rule. Comments are open until December 7.