Trump and Xi meet in US: AI dangers discussed, but no brakes on development

Ahead of the Trump-Xi summit in Washington, the US and China agree on AI's importance but will not impose restrictions, prioritizing dominance in the race for advanced models. Both nations seek the most sophisticated AI, with Trump vowing to stimulate growth and maintain America's lead. While Washington holds advantages in chips and computing, China counters with rare minerals and cheap energy, motivated further by US export limits. Experts doubt meaningful agreements, citing deep mutual distrust and rapid technological change. A planned AI dialogue may address shared risks, but analysts compare the situation to the Cold War, lacking even basic trust.