Trump: "Will Not Let China Dominate AI and Crypto... Will Discuss with Xi"

U.S. President Donald Trump has stated that he will not allow China to dominate the fields of artificial intelligence (AI) and cryptocurrency.

In an interview with U.S. media outlet Punchbowl News released on the 7th local time, President Trump said, "We do not want to see China take over crypto. I do not want to see China win on AI."

President Trump emphasized, "Whoever wins on AI wins the game," adding, "It is that big of a deal. It is many times bigger than the internet. It is a field so massive you cannot even imagine."

He continued, "In a few weeks, Chinese President Xi Jinping is coming to the United States. We are going to have a great time. But I will talk to him (about AI)."

This indicates his intention to heavily raise the AI agenda during the summit with President Xi in late September. President Xi is scheduled to visit the U.S. next month in return for President Trump's visit to China last May.

Reuters previously reported that a U.S. delegation led by Treasury Secretary Scott Bessent will hold high-level AI talks with China in September.

This is seen as a high-level consultation aimed at sorting out AI agendas ahead of the U.S.-China summit.

Regarding Texas's move to regulate data centers, President Trump said, "I am not trying to take a side, but that is a mistake," adding, "There are many regions that want (data centers). A region wanting them means a lot of money is coming in."

He criticized data centers, saying, "They are the most tremendous buildings I have ever seen," and "Data centers could be bigger than oil. Many countries want them. If you stop data centers, you stop AI."

Texas is the center of the U.S. oil industry.

Emphasizing cryptocurrency, President Trump stated, "More and more people are paying with Bitcoin. People are now starting to not even know cash," and stressed, "That significantly relieves the burden on our dollar."

Seemingly mindful of the fact that his children are involved in the cryptocurrency business, President Trump claimed, "(My children) are not involved in the government. I do not talk to them about the government."

The hegemony competition between the U.S. and China surrounding AI technology is intensifying.

To counter China, which is accelerating its pursuit through large-scale government-level investments, the U.S. is taking issue with China's "tech theft" and exerting all efforts to maintain its superiority.

(Photo: Getty Images)
※ Please note: This article was translated by AI and may contain errors.