U.S. Treasury Secretary Bessent Says America Can Negotiate AI Safety With China From Position of Strength

U.S. Treasury Secretary Jay Bessent told CNBC that the United States is willing to engage in AI discussions with China because America maintains a technological lead in the sector. The two nations are working toward establishing a safety protocol for artificial intelligence development, signaling potential diplomatic progress on AI governance despite broader geopolitical tensions.

Why it matters: U.S.-China AI competition is a critical industry watch point, and any agreement on safety standards could reshape global AI regulation and competitive dynamics.