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US and China launch AI dialogue to manage risks amid intense competition for tech dominance

Market News
11 Nov 2026, 07:11 WIB
CNBC
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Neutral
US and China launch AI dialogue to manage risks amid intense competition for tech dominance

The US and China have established a new dialogue on artificial intelligence (AI) to manage shared risks and prevent misunderstandings while continuing to compete for global AI leadership. Treasury Secretary Scott Bessent announced the mechanism will involve exchanging best practices for testing advanced AI models and ensuring human oversight. Despite cooperation, neither side has committed to limiting AI development, reflecting ongoing strategic rivalry. The dialogue aims to balance competition with leadership responsibilities as both nations prepare for upcoming high-level meetings to further discuss AI governance.

The U.S. and China’s new AI dialogue is notable amid a Technology-sector market where 80 of 150 US stocks rose and 70 fell on Pluang. For readers following this sector, here is Pluang's market snapshot as of Nov 11, 2026 11:01 WIB: ATOM traded at USD 2.89 with a 1-day change of -9.12% and 84% sell order activity, TTWO at USD 225.57 up 8.76% with 60% sell orders, and API at USD 3.92 down 8.41%.

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