Bessent proposes U.S.-China AI safety system in talks with China

U.S. Treasury Secretary Scott Bessent proposed a new artificial intelligence safety notification system to Chinese Vice Premier He Lifeng during their meeting in New York, according to a report by Investing.com. The proposal, which aims to promote transparency between the world's top AI powers, will be considered by U.S. President Donald Trump and Chinese President Xi Jinping during their upcoming summit in Washington.

Bessent emphasized the importance of transparency in cross-border AI activities, as the system would address common AI-related goals and threats. A response from China has yet to be announced, with the meeting merely acknowledging the discussion of AI. This comes as U.S.-China relations intensify, with the summit marking Xi's first visit to the U.S. during Trump's second term.

The meeting precedes the summit and precedes a crucial period when the two sides will discuss AI, trade tariffs, and other topics such as trade discussions, AI chip sales, soybean purchases, and rare earth exports.