US and China Vie for Influence on Global AI Standards

The US and China are competing to shape global AI development, with many countries, particularly in the Global South, finding China's open-source and cost-effective AI models appealing. US President Donald Trump emphasized the need for the US to maintain its lead in AI, while Chinese President Xi Jinping advocated for mutual learning rather than guarding against each other. This geopolitical competition was a key topic at the recent Trump-Xi summit.