The United States and China are competing for influence across the artificial intelligence industry, with each country holding advantages in different parts of the technology chain. The rivalry has become a central element of relations between Washington and Beijing, according to the source report.
US Treasury Secretary Scott Bessent said on Sunday that American and Chinese officials had discussed a new notification mechanism for AI incidents that could affect national security. The proposal was raised during talks with Chinese Vice Premier He Lifeng in New York, ahead of US President Donald Trump’s planned meeting with Chinese President Xi Jinping.
Chips remain a key point of leverage
Advanced AI requires vast computing power, making semiconductors a foundation of the competition. US companies including