Concern about AI risks is growing.

Any global response depends on U.S.-China cooperation.

Yet the two superpowers are increasingly skeptical of each other's AI strategies.

AI governance is expected to be on the agenda at a planned meeting next week in Washington.

President Donald Trump and Chinese leader Xi Jinping will meet there.

Both countries are competing for a decisive AI advantage.

Trump has warned that regulating the technology would help China.

He has said the leading nation "wins."

Samm Sacks of Johns Hopkins said a formal agreement may be nearly impossible.

But Trump and Xi only need to acknowledge that AI poses risks to both countries.

The two countries are advancing AI differently.

U.S. companies pursue frontier models using cutting-edge chips and expanding data centers.

China is pushing global adoption of its open-source, cheaper models.

These models have gained ground with American companies despite U.S. chip restrictions.

Treasury Secretary Scott Bessent said Tuesday the U.S. needs more open-source models to counter China.

The U.S. has accused China of trying to extract capabilities from American AI systems.

China accuses the U.S. of seeking an "AI monopoly."

Trump adviser David Sacks said China has "already rejected" slowing AI development.

He said commitments cannot be verified.

Still, former Chinese ambassador Cui Tiankai said at a Beijing conference that dialogue is needed.

Anthropic and OpenAI both restrict access in China and cite national security.

But they also call for cooperation on safety.