This benchmark report, part of the American Security Project’s AI Imperative 2030 series, outlines the competitive landscape of artificial intelligence between the United States and China. It details the critical resources necessary for maintaining U.S. leadership in AI, specifically focusing on energy capacity, compute infrastructure, and advanced semiconductor chips. The report emphasizes the urgency of developing democratic, pro-innovation industrial policies to counter China's centralized military-fusion regime. It highlights the significant energy demands of AI infrastructure and the need for the U.S. to expand its nuclear energy capacity to meet future demands. The report also discusses the challenges posed by China's rapid advancements in AI technologies and the implications for national security and economic competitiveness. Furthermore, it presents actionable solutions to mitigate risks associated with Chinese exploitation of U.S. innovation and stresses the importance of closing loopholes in export controls to protect critical technology.