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China and the US are competing for AI dominance but have shared concerns over safety

On Sunday, U.S. Treasury Secretary Scott Bessent said after talks in New York with Chinese Vice Premier He Lifeng ahead of the meeting between Trump and Xi that the two countries discussed the setting up of a mechanism on AI dialogue and proposed a new "notification mechanism" for AI incidents that could impact national security.

China and the US are competing for AI dominance but have shared concerns over safety

U.S. President Donald Trump and Chinese President Xi Jinping, rival leaders in a contest to lead artificial intelligence development, are set to meet this week amid growing worries over potential dangers posed by rogue AI. While both nations aim to narrow the technology gap, they remain cautious about the implications of AI in the other's hands.

U.S. Treasury Secretary Scott Bessent recently discussed with Chinese Vice Premier He Lifeng the establishment of a mechanism for AI dialogue and a new notification system for incidents that could affect national security. The agenda may include discussing AI risks that could harm both countries, such as cyberattacks, misuse of biological materials, major model failures, and loss of human control.

Both nations recognize the need to address these issues, but competition between the two countries casts a shadow over their potential cooperation.

Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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