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International Business Times
International Business Times
Politics

U.S. And China Keep Racing To AI Dominance. Bessent Says There Is Space For Cooperation Nonetheless.

Bessent is scheduled to meet with Chinese Vice Premier He Lifeng in New York as part of broader negotiations covering artificial intelligence, trade, rare earth minerals and other economic issues. (Credit: Getty Images/Imen Ben Youssef/Hans Lucas)

The United States is open to discussing potential shared risks from artificial intelligence with China as officials from both countries prepare for economic and technology talks, according to Treasury Secretary Scott Bessent.

"The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems," Bessent said in a statement to Axios. "We expect our discussions to cover both open and closed weight models."

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