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With TikTok likely just days away from being banned in the US, the app's users are pushing some previously little-known apps to the top of Apple and Google's stores. The app that has so far seemed to benefit the most is a Chinese social media app called "RedNote" or Xiaohongshu, which translates to "little red book."
The TikTok-like app for shortform video is currently the number one app in Apple's App Store and is in the 34th spot in Google's Play Store. RedNote has been gaining popularity as many TikTok creators have begun posting about their experiences trying out the Chinese app. Meanwhile, over on RedNote, a number of creators have shared videos about welcoming "TikTok refugees" to the service.
The app is set up very much like TikTok, with the ability to vertically scroll through feeds of shortform videos based on your interests. Much of the app's interface is in Chinese, so it can be a bit confusing to navigate, though there are some helpful videos on TikTok that explain how to change the app's language to English.
While RedNote seems to have come out of nowhere, the app has been popular in China for years. CNBC
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The Biden administration has unveiled its "AI diffusion rule," which aims to restrict the export of GPUs that are most coveted for AI applications. Although it does not mention the nation by name, it's broadly viewed as a means to prevent China from outpacing the US in AI development.
The rule proposes three licensing tiers. The first tier is unrestricted and includes the domestic market as well as 18 strategic allies. The majority of countries fall into a second tier, which will have caps on how much compute power they can import via top GPUs from the US. The third tier includes China, Russia, Iran and North Korea, and effectively bars US companies from selling their most powerful GPUs there.
US-based companies would also be prevented from sharing many details of their AI software models with countries outside that first tier, and would need to ask permission from the federal government before building large data centers in any tier two nation.
Many parties, including the Semiconductor Industry Association (SIA), issued statements condemning the decision, believing that the restrictions will do more to push nations towards working with China. "The new rule risks causing unintended and lasting damage to America's economy and global competitiveness in semiconductors and AI by ceding strategic markets to our competitors," SIA wrote.
NVIDIA also objected, with Ned Finkle, the company's Vice President of Government Affairs, saying the Biden Administration "seeks to undermine America's leadership with a 200 page regulatory m
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