(Reuters) -U.S. President Donald Trump's administration plans to rescind Biden-era curbs on the export of advanced artificial intelligence chips, a spokesperson for the U.S. Department of Commerce said on Wednesday.

The Framework for Artificial Intelligence Diffusion, as the rule is called, was issued by the U.S. Department of Commerce in January, a week before the end of the administration of former President Joe Biden. Companies were expected to comply with its restrictions starting on May 15.

The regulation was aimed at further restricting AI chip and technology exports, divvying up the world to keep advanced computing power in the United States and among its allies while finding more ways to block China's access.

"The Biden AI rule is overly complex, overly bureaucratic, and would stymie American innovation. We will be replacing it with a much simpler rule that unleashes American innovation and ensures American AI dominance," the spokesperson said.

Last week, Reuters reported that the Trump administration was working on changes to the rule that would limit global access to AI chips, including possibly doing away with its splitting the world into tiers that help determine how many advanced semiconductors a country can obtain.

(Reporting by Arsheeya Bajwa in Bengaluru and Karen Freifeld in New York; Editing by Anil D'Silva)