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The U.S. Treasury wants expanded restrictions on high-tech investments to these ‘countries of concern’

Source: Fast Company TechAssociated PressOctober 23, 2026
Read the full story at Fast Company Tech

The Treasury Department announced an expansion of investment restrictions on supercomputing, AI (termed 'superintelligence'), hypersonic systems, biotechnology, and quantum computing flowing to designated countries of concern. The rule stems from Biden's 2023 executive order and a December 2025 Congressional law that codified and broadened the Outbound Investment Security Program to include additional nations and technologies. The timing comes amid Trump's recent waiver of sanctions on Russia related to energy deals.

Key points

  • Treasury expands restrictions on U.S. tech investment to China, Russia, North Korea, Cuba, Iran and others.
  • Covered technologies include AI, supercomputing, quantum computing, hypersonic systems and biotechnology.
  • Program codified by Congress in December 2025 after initial 2023 executive order.
  • Rule signals to markets that U.S. capital flow and capability-building overseas is being monitored.

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Fast Company Tech did the reporting; read the original for the full story.

Read the full story at Fast Company Tech

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