A closely watched Nvidia-backed startup called Reflection is preparing to shake up the AI race with a powerful open-weight system that could threaten Chinese upstarts and U.S. AI giants alike.
Why it matters: The marriage of an American open-weight model and Nvidia GPUs would give individuals and companies a new, cheaper alternative to Anthropic, OpenAI and Google.
Treasury Secretary Scott Bessent told "The Axios Show" he plans to propose a notification process between the U.S. and China if something goes wrong with AI, and said he thinks Beijing would agree.
Why it matters: Bessent's idea reflects what he calls China's realization that its own open-source AI poses a bigger threat than Beijing had realized.