Xi expressed his willingness to embrace U.S. companies, such as Microsoft, bringing their AI technology to China, reported Reuters, citing two sources familiar with the matter. 

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While Xi Jinping’s positive reception of U.S. AI tech signifies a potential opportunity for collaboration and a shift in dynamics, the details of the discussion and the extent of its impact remain undisclosed.

The Chinese President has previously emphasized the need for the country to seize opportunities in AI to drive economic growth. He subsequently emphasized the importance of caution due to the associated risks, leading China to consider new laws and regulations for AI technology, the report noted.  

Earlier this month, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk also visited China and said that the country "will be initiating AI regulation."

For the unversed, Microsoft’s involvement in China spans over three decades, with a significant research center and its Bing portal being the only foreign search engine accessible within China’s Great Firewall. However, search results on sensitive topics are subject to censorship.

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