Washington is sending a high-level delegation to India for the inaugural AI Impact Summit 2026, set to kick off later this month. The event will draw over 500 startups from 100 countries, spotlighting artificial intelligence’s transformative potential.
Leading the US team is Michael Kratsios, director of the White House Office of Science and Technology Policy. Kratsios will update global partners on President Trump’s AI exports program, launched via executive order to integrate the world with America’s tech infrastructure.
Joining him are key figures: Jacob Helberg, under secretary for economic affairs; William Kimit, under secretary for international trade at the Commerce Department; and Jeffrey Kessler, under secretary for industry and security. This powerhouse group underscores America’s commitment to AI leadership.
On X, Kratsios expressed excitement: ‘Looking forward to leading the US delegation at the AI Impact Summit in India this month. America is setting the gold standard for AI innovation, and we want to share it with our global partners.’
Meanwhile, US Treasury Secretary Scott Bessent told Congress that AI has emerged as a critical test for financial stability. He listed it among the top four priorities, alongside financial markets, cybersecurity, and regulatory modernization.
‘The Council is prioritizing the responsible use of artificial intelligence to strengthen financial stability,’ Bessent stated. Regulators are collaborating with public and private partners to monitor risks across the system while enhancing resilience.
Bessent highlighted AI’s rapid adoption in banks and financial markets for risk management, compliance, and operations. ‘We’re cutting through the noise to focus on issues most vital to America’s financial stability,’ he added.
The summit arrives at a pivotal moment, as nations grapple with balancing AI’s market-boosting power against inherent risks. India’s hosting role positions it as a global hub for AI dialogue, with the US delegation poised to shape the conversation.