🔥BESSENT: "AMERICA WILL SOON CONTROL 80% OF GLOBAL COMPUTE"
Treasury Secretary Scott Bessent said the US is roughly a year ahead of China in AI and that its share of global compute power will grow from around 60% to 80%.
Bessent is personally leading the White House AI effort… pic.twitter.com/UKI5gqAo8d
— Coin Bureau (@coinbureau) July 19, 2026
**Fact check:** Treasury Sec. Scott Bessent stated the US will soon control ~80% of global compute (up from ~60%).
Independent data (Epoch AI ~2025): US holds ~75% of top GPU cluster performance; China ~14%. US leads frontier AI by a substantial margin (roughly 6-12+ months on advanced models).
Bessent has taken a prominent role in US AI policy, Treasury AI initiatives, and related exec orders. The CoinBureau clip accurately reflects his comments.