US Treasury proposes AI incident notification mechanism after talks with China

The US Treasury, via Bessent, proposed an AI incident notification mechanism to China after meetings with Vice Premier He Lifeng. This alert system targets artificial intelligence incidents threatening national security. The proposal aims to foster transparency and cooperation, potentially easing geopolitical tensions and improving global AI governance. These discussions occurred in New York prior to President Xi Jinping’s visit to the U.S., focusing on establishing a formal communication channel to manage risks associated with AI technologies.