Bessent Warns China AI Win Would 'Negate All Else,' Targets 80% Compute Share by 2028

3-line summary

• U.S. Treasury Secretary Bessent said at a Charlotte private luncheon that a China win in the AI race would "negate all else," according to an Investing.com report.
• Bessent set a target of 80% global compute share by 2028, the report said.

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