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.

President Donald Trump this week unveiled his administration’s AI action plan, a set of policy proposals and government initiatives meant to secure America’s leadership in the development of the transformative technology.