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 White House on Wednesday released its promised "AI Action Plan," a sweeping agenda aimed at promoting the United States' dominance in artificial intelligence.

At least $1bn worth of Nvidia’s advanced artificial intelligence processors were shipped to China in the three months after Donald Trump tightened chip export controls, exposing the limits of Washington’s efforts to restrain Beijing’s high-tech ambitions.

Nvidia's advanced artificial intelligence chips worth at least $1 billion were smuggled to China in the three months after Washington tightened chip export controls, the Financial Times reported on Thursday.

TikTok will go dark in the U.S unless China agrees to a deal that giving U.S. owners majority control over the video app, Commerce Secretary Howard Lutnick said.

Last month, President Trump extended by 90 days to Sept. 17 a deadline for China-based ByteDance to divest the US assets of TikTok.

TikTok could soon disappear from phones across the United States if China does not approve a pending deal by mid-September.