China Rejects US Push for Countries to Pick Sides in AI Race
China has publicly rejected a reported US effort to pressure other governments into choosing a side in the escalating artificial intelligence (AI) race between the two nations. The development marks a new phase in the competition, where other countries can no longer remain on the sidelines. According to reports, the US is attempting to persuade other governments to join its side in the AI rivalry with China. However, China has firmly stated that it will not be swayed by this move.
The geopolitical split raises concerns about regulatory fragmentation and security risks that could impact various industries, including the crypto market. This could affect adoption, cross-border operations between centralized exchanges (CEX) and decentralized exchanges (DEX), token fundraising, and AI-linked blockchain projects.