Scoop: U.S. open to discuss AI "shared risks" with China, Bessent says
US Treasury Secretary Scott Bessent says the US is open to discussing shared risks with China in AI talks this weekend. Bessent's meeting with Chinese Vice Premier He Lifeng could be a breakthrough in US-China AI cooperation. The talks will focus on avoiding shared risks and bifurcation of their two systems.
Bessent emphasized that the US remains the leader in AI, but is willing to discuss open and closed weight models with China. He also mentioned that the talks will be flexible to allow for substantive discussion across various issues. This is a significant shift from the Trump administration's previous stance.
The talks come ahead of a summit between Trump and Chinese President Xi Jinping on Sept. 24, and AI CEOs have been calling for U.S.-China coordination on safety standards. Bessent's involvement signals room for engagement on AI between the competing countries, but a major breakthrough remains a tall order.
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