Finance

US and China must stay clear-eyed on AI cooperation and competition, says Bessent

CNBC · 1d ago · 2 views
US and China must stay clear-eyed on AI cooperation and competition, says Bessent

Treasury Secretary Scott Bessent stated that the U.S. and China must maintain clear eyes about their differences while cooperating to contain artificial intelligence risks and competing for dominance.

Treasury Secretary Scott Bessent announced that the United States and China have established a new dialogue mechanism regarding super intelligence to guard against shared risks and prevent misunderstandings between the two systems. While the nations will exchange best practices for testing advanced models and alert each other to serious incidents, Bessent emphasized that they remain locked in an intense race for global AI dominance without commitments to limit technology advancement.
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