The Trump administration is set to announce that the United States and the United Kingdom have signed a new agreement to cooperate on research and development of artificial intelligence, in news shared first with Axios. Why it matters: The U.S. and its allies fear China is going to surpass them in AI. The partnership shows the U.S. and U.K. think they have a better chance at beating China by linking up. Details: The partnership will include the two countries working together on research and development of AI, including on issues of explainability and fairness, an administration official told Axios. Flashback: In May 2020, the U.S. and other allies launched the Global Partnership on Artificial Intelligence, for "like-minded nations together to encourage the development of AI in line with our shared values."