America’s ‘biggest risk’ on AI is China getting ahead, Bessent says (opens original article in a new tab)

US Treasury Secretary Scott Bessent identified China surpassing the US in AI as the 'biggest risk,' emphasizing the need to maintain technological leadership while both countries agree to discuss AI governance.

• US Treasury Secretary Scott Bessent called China surpassing the US in AI the 'biggest risk' of the technology
• Bessent stated China's willingness to discuss AI reflects America's technological lead
• Both countries agreed to hold formal discussions on AI governance after talks between Trump and Xi Jinping
• Chinese foreign ministry spokesman Guo Jiakun said China and the US need to work together on AI development and governance