Latest AI companies News & Updates

Washington, May 29 (IANS) Treasury Secretary Scott Bessent declared the United States the world’s leading artificial intelligence power, arguing that China remains significantly behind as Washington seeks to maintain its technological edge in one of the most consequential strategic competitions of the century.”The US is the AI leader in the world,” Bessent said during a White House briefing.”We’re an AI superpower. China is second, they are trailing substantially.”The remarks reflect the Trump a…

New Delhi, April 24 (IANS) US administration said it will step up cooperation with US artificial intelligence companies to combat “industrial‑scale campaigns” by “foreign entities, principally based in China,” to steal advancements in technology, a report has said.Michael Kratsios, director of the White House Office of Science and Technology Policy, in an internal memo claimed new information that foreign entities were exploiting US firms through a process known as “distillation,” a re…