Heritage Foundation research fellow EJ Antoni on President Donald Trump's plan to defeat China and the rest of the world in the AI race and the potential for a US-EU trade deal.

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

China proposes establishing a world artificial intelligence cooperation organisation, Premier Li Qiang said on Saturday, calling on countries to coordinate development and security. Li said in his opening speech at the World AI Conference in Shanghai that AI governance is fragmented and that it is important to step up coordination to form a globally recognised framework for AI.

Speaking at the opening of the World Artificial Intelligence Conference (WAIC) in Shanghai on Saturday, Chinese premier Li Qiang said AI innovation was hindered by “bottlenecks” such as the supply of computer chips.