Senator Elizabeth Warren has asked the U.S. Commerce Department to explain its policy allowing the United Arab Emirates license-free access to advanced AI chips after a UAE institution invested $500 million in the Trump family's cryptocurrency venture World Liberty.
Treasury Secretary Scott Bessent announced the U.S. could impose sanctions on Chinese AI companies, particularly those developing open-source models, if evidence confirms they stole intellectual property from American AI developers. The statement represents an expansion of the Trump administration's efforts to counter China's AI advancement.
Chinese President Xi Jinping used a major technology conference in Shanghai to advocate for international cooperation on AI development and governance, arguing that artificial intelligence should not be dominated by a single country. The speech came as US President Trump accused China of exploiting American election data.
Chinese President Xi Jinping urged international collaboration on artificial intelligence development and governance at the World AI Conference in Shanghai, arguing AI should be a 'symphony of global cooperation' rather than dominated by any single nation. The conference featured a China-led AI alliance backed by 29 countries and included announcements of AI research and training initiatives for developing nations.
The United States and European Union have joined forces in an international agreement called the Pax Silica Accord aimed at breaking Western reliance on Chinese artificial intelligence supply chains by securing supplies of essential components for high-end computer chips that power advanced AI models.
