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The recent shift to large AI models, such as OpenAI’s ChatGPT, is concentrating power in the hands of large tech companies that can afford the computing hardware needed to train these systems. Access to computing hardware creates haves and have-nots in this new era of AI, with production of these chips and the equipment used to manufacture them limited to a few key countries. This means these nations have veto power over who can access the most cutting-edge AI capabilities. Control over the specialized hardware needed to train large AI models will shape the global balance of power.