US-China rivalry
Trump administration moves to unify AI rules against China
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The Trump administration has released a National AI Legislative Framework to unify federal AI rules, address national security concerns, and counter Beijing's growing dominance in the sector. It argues that state laws should not govern areas better suited to the federal government or contradict US strategy for global AI leadership. The White House looks forward to working with Congress to turn it into legislation.
As globalisation falters, countries building productive capacity, not financial excess, will prevail. An opinion piece argues that power is shifting from best pricing assets to building, supplying and sustaining under strain. History shows nations struggle to maintain influence when finance outpaces production.
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China's State Grid Corporation plans to invest 4 trillion yuan (US$574 billion) by 2030 to build a more efficient power system integrating renewables, aiming to secure an edge in the US-China tech rivalry. Experts note that electricity is China's undeniable advantage in the AI race.