China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get on base.”

In a surprising reversal of the United States’ years-long technology restrictions on China, President Donald Trump last month allowed Nvidia to resume sales of a key AI chip designed specifically for the Chinese market.

As some in the US agonize over the country's pace in the "AI race," it seems China is already standing at the podium.

I’m worried about China,” the 40-year-old Altman was quoted as saying on Monday in a report by American business news channel CNBC. He indicated that the AI arms race between the US and China was more complex than it appeared.

Behind closed doors, Chinese researchers are laying the groundwork for a new global AI agenda—without input from the US.

As Washington tries to limit its progress, Beijing is spending more to build an artificial-intelligence ecosystem that doesn’t rely on U.S. technology.

The speed and popularity of DeepSeek’s models have challenged US incumbents such as OpenAI, and demonstrated how Chinese companies can make strides in artificial intelligence for seemingly a

But now, as National Security Adviser Jake Sullivan declared that September, “we must maintain as large of a lead as possible.” On October 7, 2022, the Biden administration announced a sweeping set of export controls designed to cut off China from the most advanced chips used for training powerful AI models,

The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record-breaking surge in October. Momentum is robust as well, with nearly 90% of all index members trading above their 50-day moving averages.