The new framework suggests a strong US open-source AI network has “geostrategic value” because it could underpin businesses and academic research globally.

Star founders, Beijing officials and deep-pocketed financiers converge on Shanghai by the thousands this weekend to attend China’s most important AI summit. At the top of the agenda: how to propel Beijing’s ambitions to leapfrog the US in artificial intelligence — and profit off that drive.

Despite recent concessions and shifts in rhetoric, US President Donald Trump's new artificial intelligence action plan leaves the core of American policy towards China unchanged - maintaining tight restrictions on key technologies while accelerating deregulation and infrastructure support for his country's AI giants.