This event brought together high-level speakers from both sides of the Atlantic to explore how to advance transatlantic cooperation on global governance of AI and other emerging technologies. The discussion shed light on the differences, as well as the areas where both sides see eye to eye, particularly with regard to external threats to our security from other parts of the world such as China. “AI is not just a competition about technology. It is a competition about values”, said Executive Director of the U.S. National Security Commission on AI Yll Bajraktari, who castigated China’s use of AI as a tool in the anti-democratic surveillance of minorities and control of the population. Speakers were able to drill down deep to discuss concrete challenges, and emerging issues, including industrial standards, consumer trust, the skills deficit, the role of the Trade and Tech Council and the role of AI in the health sector, including Covid-19. There was agreement that transparency and a ban on AI surveillance and biometric identification were good starting points for joint EU-US efforts to regulate AI while keeping their different governance systems compatible.