Scoop: U.S. open to discuss AI "shared risks" with China, Bessent says

The U.S. is open to discussing shared risks with China in upcoming AI talks this weekend, Treasury Secretary Scott Bessent told Axios.Why it matters: The Trump administration has flatly rejected calls from industry to pace or slow down the development of AI, citing a fierce race against China. Bessent's scheduled meeting with Chinese Vice Premier He Lifeng could provide an opening for talks on U.S.-China AI safety cooperation. "The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our two systems. We expect our discussio