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Story summary
- U.S. President Donald Trump will meet China’s President Xi Jinping in Washington, DC to discuss AI, trade and Taiwan.
- The United States holds nearly three-quarters of global AI computing power, while China accounts for just over 14 percent.
- U.S. firms control over 60 % of AI chip capacity, led by Nvidia.
- Treasury Secretary Scott Bessent said Washington proposed an AI notification hotline for national-security incidents.
