US Opens Door to AI Risk Talks With China: Will Anything Change?

Source Beincrypto

Treasury Secretary Scott Bessent opened the door to talks on artificial intelligence (AI) risks with China, saying Washington will raise shared dangers at economic meetings in New York this weekend.

Bessent attached one limit. Washington will not slow its own AI development, and it still treats the technology as a race it intends to win.

AI Risk Open in New York Before the Trump-Xi Summit

Bessent and United States Trade Representative (USTR) Jamieson Greer will meet Chinese Vice Premier He Lifeng for several hours, Axios reported.

The agenda covers AI, trade, and rare earths. The meetings land eight days before President Donald Trump hosts Xi Jinping in Washington on September 24.

“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. We expect our discussions to cover both open and closed weight models,” read the report, citing Bessent.

Bifurcation means the two countries drifting into separate AI systems that no longer work together. Open-weight models are ones whose underlying settings are published for anyone to download and reuse.

Both Governments Have Rejected Industry Calls to Slow AI Down

Anthropic chief executive Dario Amodei published an essay on September 12 urging rivals to slow capability gains. Trump rejected an AI slowdown two days later, calling it a hoax.

China’s foreign ministry called the slowdown “fear-mongering.” It said all parties should promote open and inclusive AI development.

BeInCrypto flagged that split on September 13, when Xi called for a consensus-based global governance framework while Washington pushed speed. A congressional push to pause frontier work has stalled.

Axios reported that a major safety breakthrough remains a tall order and that Bessent’s role signals engagement rather than a deal. Neither government has said it will limit its own development. September 24 is the test.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Yen Up Near 4% This Month: Why a Fed Hike Could Force BOJ's HandThe yen’s four-week climb collides with the Federal Reserve’s Wednesday rate decision. The size of the Fed’s move could decide whether Tokyo’s currency gains hold or reverse.The yen traded at 153.49 p
Author  Beincrypto
Sept 14, Mon
The yen’s four-week climb collides with the Federal Reserve’s Wednesday rate decision. The size of the Fed’s move could decide whether Tokyo’s currency gains hold or reverse.The yen traded at 153.49 p
placeholder
Bank of Japan Set to Hike to 1.25%, Highest Since 1995. Bitcoin Isn't Flinching YetThe Bank of Japan (BOJ) meets Thursday and Friday and is widely expected to raise its policy rate to 1.25%, the highest level since April 1995. Japan’s short-term bond yields have already gone vertica
Author  Beincrypto
Sept 15, Tue
The Bank of Japan (BOJ) meets Thursday and Friday and is widely expected to raise its policy rate to 1.25%, the highest level since April 1995. Japan’s short-term bond yields have already gone vertica
placeholder
Ripple Shows How XRP Survived CLARITY Act Setback, MicroStrategy Says Bitcoin Never Needed ItRipple and MicroStrategy told investors nothing legal changed for XRP and Bitcoin (BTC) after the Senate blocked the CLARITY Act on Tuesday. The bill would have written crypto’s US market rules into f
Author  Beincrypto
22 hours ago
Ripple and MicroStrategy told investors nothing legal changed for XRP and Bitcoin (BTC) after the Senate blocked the CLARITY Act on Tuesday. The bill would have written crypto’s US market rules into f
placeholder
Leading Economist is Bullish on Copper. So Why is the Price Falling?The copper price trades near $6.30 a pound on Tuesday, down almost 8% from its early August record, after the metal posted its first losing week since June.Economist Steve Hanke told his followers to
Author  Beincrypto
22 hours ago
The copper price trades near $6.30 a pound on Tuesday, down almost 8% from its early August record, after the metal posted its first losing week since June.Economist Steve Hanke told his followers to
placeholder
Chip Stocks Sink on AI Slowdown Calls, But Analysts Doubt a Crash Is NearChip stocks extended a rout on Monday, triggered by an AI slowdown call from Anthropic CEO Dario Amodei that sent the Philadelphia Semiconductor Index down as much as 5.9%.Nvidia fell 3.4%, Broadcom s
Author  Beincrypto
22 hours ago
Chip stocks extended a rout on Monday, triggered by an AI slowdown call from Anthropic CEO Dario Amodei that sent the Philadelphia Semiconductor Index down as much as 5.9%.Nvidia fell 3.4%, Broadcom s
goTop
quote