SignalTech/AI

U.S., China should ‘harbor no illusions’ as they cooperate, compete on AI, Bessent says

Bessent's AI cooperation-competition remarks signal U.S.-China tech policy tension.

Context

What happened: Treasury Secretary Scott Bessent said the U.S. and China should "harbor no illusions" as they cooperate and compete on AI, following a September agreement by Xi and Washington to launch an AI dialogue. Why it matters: The channel is meant to help defuse serious incidents between the two countries as they compete on AI.

What changed

Treasury Secretary Scott Bessent said the U.S. and China should "harbor no illusions" as they cooperate and compete on AI, following a September agreement by Xi and Washington to launch an AI dialogue.

Why it matters

The channel is meant to help defuse serious incidents between the two countries as they compete on AI.

Sources

cnbc