U.S. can hold AI talks with China because ‘we are in the lead,’ Bessent tells CNBC as nations plan safety protocol

Treasury Secretary Scott Bessent said the U.S. and China will establish a protocol for AI safety, according to an interview with CNBC. Bessent stated that the U.S. is 'in the lead' in the race to develop AI technology, which he said allows the country to engage in talks with China. The announcement comes as nations plan to create safety protocols for advanced AI systems.

Bessent did not provide specific details about the protocol's content or timeline. The remarks highlight ongoing diplomatic efforts between the two largest economies on AI governance. The U.S. has previously expressed concerns about China's AI ambitions, including potential military applications.

Bessent's assertion of U.S. leadership reflects the competitive dynamics underlying the cooperation on safety measures.