❌

Reading view

There are new articles available, click to refresh the page.
↗️

Bessent and China Hail Progress on A.I. Talks. Now Comes the Hard Part.

✇NYT - Business
By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe， Sri Muppidi and Lauren Hirsch
Artificial intelligence and more are expected to be big issues at this week’s summit between President Trump and Xi Jinping, China’s top leader.

© Vincent Alban/Reuters

Treasury Secretary Scott Bessent said that transparency “between the No. 1 and the No. 2 A.I. powers in the world is very important.”
↗️

U.S. and China Discuss System to Warn of A.I. National Security Issues

✇NYT - Business
By: Alan Rappeport， Lauren Hirsch and Ana Swanson
In a meeting on Sunday, the U.S. Treasury secretary and China’s vice premier talked about having a shared vision on the goals of artificial intelligence and the threats it poses.

© Kena Betancur/Agence France-Presse — Getty Images

Treasury Secretary Scott Bessent said on Sunday that the alert system would be activated when a matter related to artificial intelligence reaches the national security level.
↗️

Japan Raises Interest Rates to 31-Year High Under U.S. Pressure

✇NYT - Business
By: River Akira Davis
The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for higher rates.

© Kazuhiro Nogi/Agence France-Presse — Getty Images

The Bank of Japan governor, Kazuo Ueda, indicated that underlying inflation was approaching the central bank’s 2 percent target after months of steady signals.
❌