Trump-Xi summit preparations, outlets fight White House ban, Nissan's U.S. ambitions and more in Morning Squawk

Nvidia's Jensen Huang and OpenAI's Sam Altman are among the tech luminaries set to attend a state dinner at the White House for Chinese President Xi Jinping next week, according to a US official. This exclusive event is expected to draw a star-studded crowd, with Amazon's Jeff Bezos, SpaceX and Tesla's Elon Musk, Apple's Tim Cook, and Google's Sundar Pichai also in attendance.

The presence of these influential figures underscores the central role artificial intelligence (AI) is expected to play in the discussions between the United States and China.

As the AI race intensifies between the two global superpowers, the debate in the United States revolves around the delicate balance between rapid innovation and the potential risks posed by advanced AI systems. The US and China, the two leading players in AI, have been narrowing the gap in capabilities, prompting concerns about a potential dominance shift.

Washington has long sought to curb China's progress in AI through export controls on advanced semiconductors, including those manufactured by Nvidia. Despite their strained relationship, there remains a glimmer of hope that the two nations may find common ground on AI-related matters during their summit in Washington. However, ambitious proposals like setting development limits or establishing global safeguards are unlikely to be feasible.

The push for responsible AI development has gained traction following alarming warnings from industry insiders. Jacob Coxon, a former AI researcher at Anthropic, sparked recent alarm by warning that the technology could potentially pose an existential threat to humanity by the end of the decade. In response, Anthropic's CEO Dario Amodei and Google DeepMind's Demis Hassabis have called for caution and a deliberate slowdown in AI development.

Altman and Musk have also expressed support for these concerns, alongside Hassabis, who has advocated for a US-led global regulatory body to oversee the technology.