Treasury Secretary Scott Bessent said during a Breitbart News “State of the Economy” policy discussion that maintaining the United States’ lead over China in artificial intelligence is critical, while arguing that technology companies need to do more to address concerns from communities affected by the construction of data centers.
\n\nBreitbart News Washington bureau chief Matthew Boyle asked Bessent how the United States can address concerns surrounding data centers while continuing to expand AI infrastructure and compete with China.
\n\n“Beating China — there is no day after tomorrow if China wins at this. Like everything, a trillion-and-a-half-dollar defense budget, the Iron Dome. If they were to pull ahead of us on AI, then nothing else matters,” Bessent said.
\n\n“And the U.S. does have the lead. And when I look and I think about how we did it, it was just this incredible ecosystem, and it was organic, and it kept building on itself. It was the technology. It was the chips,” he continued.
\n\n“When you think about Anthropic, this company is going to go public. It’ll be the largest IPO valuation ever, maybe at $2 trillion,” Bessent said. “This is the United States of America in its 250th year. Anthropic, in…
Original source: https://breitbart.com/
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