Trump Sounds Alarm Over China's Ambitions in AI and Crypto

US President Donald Trump has sounded the alarm over China's ambitions in artificial intelligence (AI) and cryptocurrency. He believes that dominance in emerging technologies could provide a major economic and strategic advantage.

Trump argues that the US is currently ahead of China in AI, but notes that Beijing wants to overtake it. 'We don't want to see China take over crypto,' he said. 'I don't want to see China win with AI.'

The President sees cryptocurrency as a significant development, particularly since people are increasingly using Bitcoin for transactions. He believes this could reduce the pressure on the US dollar.