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.

In a sweeping move to reassert US dominance in artificial intelligence, President Donald Trump has unveiled America’s AI Action Plan. The ambitious roadmap aims to accelerate domestic innovation while positioning America as the undisputed leader in the global AI race, especially in its growing technological rivalry with China.