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● LIVE Updated 2h ago · 8 sources tracked

Scoop: U.S. open to discuss AI "shared risks" with China, Bessent says

U.S. Treasury Secretary Scott Bessent stated the United States is open to discussing shared risks associated with artificial intelligence with China. While pursuing diplomatic dialogue on safety, Bessent is pushing for more open-source AI models to maintain American competitiveness. He has simultaneously taken a hard line against AI laboratories, telling lawmakers not to grant them what they want and explicitly rejecting liability exemptions for these companies. Bessent maintains that AI firms possess the ability to stop their operations at any time if necessary.

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  • ✓ Scott Bessent says the U.S. is open to discussing shared AI risks with China.
  • ✓ Bessent believes the U.S. requires more open-source AI models to compete with China.
  • ✓ The Treasury Secretary stated that AI labs will not receive liability exemptions.
  • ✓ Bessent defended the Trump administration's safety stance on AI.
🛡️ Source Corroboration: 8 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Treasury Secretary Bessent expressed openness to bilateral discussions with China regarding shared AI risks.

Live updates

  1. U.S. Treasury Secretary Bessent Open to AI Risk Talks With China

    U.S. Treasury Secretary Scott Bessent stated the United States is open to discussing shared risks associated with artificial intelligence with China. While pursuing diplomatic dialogue on safety, Bessent is pushing for more open-source AI models to maintain American competitiveness. He has simultaneously taken a hard line against AI laboratories, telling lawmakers not to grant them what they want and explicitly rejecting liability exemptions for these companies. Bessent maintains that AI firms possess the ability to stop their operations at any time if necessary.

    Why it matters

    The U.S. is balancing the need for global safety standards with a strategic competition against China for AI supremacy. These policy positions reflect a tension between encouraging open innovation and maintaining strict corporate accountability.

    What is confirmed

    • Scott Bessent says the U.S. is open to discussing shared AI risks with China.
    • Bessent believes the U.S. requires more open-source AI models to compete with China.
    • The Treasury Secretary stated that AI labs will not receive liability exemptions.
    • Bessent defended the Trump administration's safety stance on AI.

    Still unconfirmed

    • Bessent told lawmakers not to give AI companies what they want.
    • Bessent claimed AI companies could stop their operations any time they want to.
    • A former envoy believes talks with China will not solve AI issues.

    What to watch next

    • Formal initiation of U.S.-China AI risk dialogues
    • Legislative action regarding AI lab liability exemptions
    • Changes to U.S. policy on open-source AI model development
    Sources used for this update (8)
    1. Fox Business — Bessent says US needs more open-source AI models to compete with China
    2. Yahoo Finance — Bessent defends Trump administration's safety stance on AI
    3. Politico — Bessent: AI companies ‘could stop any time they want to’
    4. Axios — Scoop: U.S. open to discuss AI "shared risks" with China, Bessent says
    5. Reuters — Bessent says US open to discussing shared AI risks with China, Axios reports
    6. FedScoop — Treasury’s Scott Bessent says no liability exemptions for AI labs
    7. Gizmodo — Don’t Give AI Companies What They Want, U.S. Treasury Secretary Tells Lawmakers
    8. Newser — Op-Ed: Ex-Envoy Doesn't See China Talks Solving AI Issues
    confidence 90%
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