Tag: noematrix
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Treasury Issues First Penalty Under Outbound Investment Security Program, Fining Amidi $200,000
Treasury fined Amidi, LLC $200,000 for failing to notify it of a controlled foreign entity's $92,478 investment in Chinese AI firm Noematrix, the first civil penalty under the Outbound Investment Security Program.
Politics and GovernmentBusinessScience & TechnologyUSAChinaFederal GovernmentEconomyArtificial IntelligenceLegalTrade Outbound Investment Security ProgramU.S. Department of the TreasuryAmidi, LLCNoematrixScott BessentChristopher PilkertonUS Treasury