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.

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

After months of reckless accelerationist rhetoric from the Trump administration, expectations for the AI Action Plan were rock bottom. Observers — myself included — were braced for a plan that wouldn’t even pay lip service to the potential risks from AI,

From Trump’s tariff-fueled ceasefire push in Southeast Asia to political deadlock in Taiwan, a deadly courthouse siege in Iran, and the massacre of Christians in Nigeria’s Plateau State, the world feels like it’s teetering on a knife’s edge—and the blade’s getting sharper.

He added that he looked forward to resuming trade talks with Cambodia and Thailand though it wasn't appropriate to hold such discussions until the "fighting STOPS". At least 33 soldiers and civilians have been killed while thousands of Thai and Cambodian nationals have been displaced since fighting broke out on 24 July.

The White House puts a priority on doing business with Beijing as it prepares for bilateral talks next week.

U.S. Commerce Secretary Howard Lutnick said on July 24 that if China does not accept a deal from the U.S. to sell the app, TikTok will go dark again.

Speaking to CNBC on Thursday, U.S. Commerce Secretary Howard Lutnick commented on the TikTok deal with China which seems to be stuck on Chinese approval. "China can keep a little piece [...] but basically,