US President Donald Trump has been characteristically blunt about the stakes, declaring "Whoever wins AI, WINS!" and identifying China as America's main rival for dominance of the technology. Xi Jinping has said nothing so forthright, but experts say Beijing's position is no less determined.
"China very much sees it as a race, they very much think China should be the leading force in AI — they see AI as a power maximiser," said Rebecca Arcesati of the Mercator Institute for China Studies.
The rivalry has been building for more than a decade, with AI a cornerstone of China's technological ambitions. Trump, for his part, has said beating China to AI supremacy outweighs any risks the technology poses to humanity, and has previously dismissed such concerns as "a hoax."
Beijing has pushed back against what China's foreign ministry called "narratives of threat," warning that confrontation hinders global AI governance and calling for cooperation to ensure the technology benefits all.
Who leads the race depends on how success is measured. American companies — including Anthropic, Google and OpenAI — produce the highest-performing frontier models on most benchmarks. But China has shown it can compete: the BBC notes that in February 2025, an AI model by the Chinese company DeepSeek briefly challenged assumptions of American dominance.
With the two presidents meeting on Thursday, little is expected to matter more to the world than what they say about their AI ambitions — and what they decide.