Business Insights
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Crypto
  • Economy
  • Finance Expert
  • Forex
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Subscribe
Money Visa
Money Visa
  • Home
  • Crypto
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Forex
  • Videos
  • Economy
  • Tech
  • Contact
China calls for global AI cooperation days after Trump administration unveils low-regulation strategy | Artificial intelligence (AI)
  • Business

China calls for global AI cooperation days after Trump administration unveils low-regulation strategy | Artificial intelligence (AI)

  • July 27, 2025
  • Roubens Andy King
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

Chinese premier Li Qiang has proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology, days after the US unveiled plans to deregulate the industry.

Speaking at the annual World Artificial Intelligence Conference (WAIC) in Shanghai, Li called AI a new engine for growth, adding that governance is fragmented and emphasising the need for more coordination between countries to form a globally recognised framework for AI.

Li warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus was urgently needed.

His remarks came just days after US president Donald Trump unveiled an aggressive low-regulation strategy aimed at cementing US dominance in the fast-moving field. One executive order targeted what the White House described as “woke” artificial intelligence models.

Opening the World AI Conference, Li emphasised the need for governance and open-source development.

“The risks and challenges brought by artificial intelligence have drawn widespread attention … How to find a balance between development and security urgently requires further consensus from the entire society,” the premier said.

Li said China would “actively promote” the development of open-source AI, adding Beijing was willing to share advances with other countries, particularly developing ones in the global south.

The three-day event brings together industry leaders and policymakers at a time of escalating technological competition between China and the United States – the world’s two largest economies – with AI emerging as a key battleground.

Washington has imposed export restrictions on advanced technology to China, including the most high-end AI chips made by companies such as Nvidia and chipmaking equipment, citing concerns that the technology could enhance China’s military capabilities.

Li did not name the United States in his speech, but he warned that AI could become an “exclusive game” for a few countries and companies, and said challenges included an insufficient supply of AI chips and restrictions on talent exchange.

At a time when AI is being integrated across virtually all industries, its uses have raised major ethical questions, from the spread of misinformation to its impact on employment, or the potential loss of technological control.

Earlier this week, news companies were warned of a “devastating impact” on online audiences as search results are replaced by AI summaries, after a new study claimed it caused up to 80% fewer clickthroughs.

The World AI Conference is an annual government-sponsored event in Shanghai that typically attracts major industry players, government officials, researchers and investors.

Saturday’s speakers included Anne Bouverot, the French president’s special envoy for AI, computer scientist Geoffrey Hinton, known as “the godfather of AI“, and former Google CEO Eric Schmidt.

Tesla CEO Elon Musk, who has in past years regularly appeared at the opening ceremony both in-person and via video, did not speak this year.

The exhibition features predominantly Chinese companies, including tech companies Huawei and Alibaba and startups such as humanoid robot maker Unitree. Western participants include Tesla, Alphabet and Amazon.

With Reuters and Agence France-Presse

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Roubens Andy King

Previous Article
Book Review: The New World Economy in 5 Trends
  • Invest News

Book Review: The New World Economy in 5 Trends

  • July 27, 2025
  • Roubens Andy King
Read More
Next Article
BigCommerce Holdings, Inc. (BIGC) Launches ‘Branch of the Future’ for UK Building Materials Sector
  • Finance Expert

BigCommerce Holdings, Inc. (BIGC) Launches ‘Branch of the Future’ for UK Building Materials Sector

  • July 27, 2025
  • Roubens Andy King
Read More
You May Also Like
SEC Approves In-Kind Crypto ETF Redemptions
Read More
  • Business

SEC Approves In-Kind Crypto ETF Redemptions

  • Roubens Andy King
  • August 1, 2025
Meta Platforms, Inc. (META) Has To Raise CapEx, Says Jim Cramer
Read More
  • Business

Meta Platforms, Inc. (META) Has To Raise CapEx, Says Jim Cramer

  • Roubens Andy King
  • August 1, 2025
Federal Reserve Keeps Interest Rates Steady
Read More
  • Business

Federal Reserve Keeps Interest Rates Steady

  • Roubens Andy King
  • August 1, 2025
Where Innovation Meets Dividend Stability
Read More
  • Business

Where Innovation Meets Dividend Stability

  • Roubens Andy King
  • July 31, 2025
Burford Capital Limited (BUR) Completes 0 Million Debt Offering
Read More
  • Business

Burford Capital Limited (BUR) Completes $500 Million Debt Offering

  • Roubens Andy King
  • July 31, 2025
Gov. Newsom seeks to raise  billion to shore up state wildfire fund
Read More
  • Business

Gov. Newsom seeks to raise $18 billion to shore up state wildfire fund

  • Roubens Andy King
  • July 31, 2025
Telefonica ditches Huawei’s 5G gear in Spain and Germany; keeps it in Brazil
Read More
  • Business

Telefonica ditches Huawei’s 5G gear in Spain and Germany; keeps it in Brazil

  • Roubens Andy King
  • July 31, 2025
Cole’s French Dip to remain open temporarily as crowds surge
Read More
  • Business

Cole’s French Dip to remain open temporarily as crowds surge

  • Roubens Andy King
  • July 31, 2025

Recent Posts

  • U.S. stocks stall as early enthusiasm ebbs
  • Nvidia AI outlook shifts on Meta Platforms, Microsoft plans
  • Apple has now shipped 3 billion iPhones
  • Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key
  • SEC Approves In-Kind Crypto ETF Redemptions
Featured Posts
  • U.S. stocks stall as early enthusiasm ebbs 1
    U.S. stocks stall as early enthusiasm ebbs
    • August 1, 2025
  • Nvidia AI outlook shifts on Meta Platforms, Microsoft plans 2
    Nvidia AI outlook shifts on Meta Platforms, Microsoft plans
    • August 1, 2025
  • Apple has now shipped 3 billion iPhones 3
    Apple has now shipped 3 billion iPhones
    • August 1, 2025
  • Ethereum Price Crash Or Rebound? Why ,000 Holds The Key 4
    Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key
    • August 1, 2025
  • SEC Approves In-Kind Crypto ETF Redemptions 5
    SEC Approves In-Kind Crypto ETF Redemptions
    • August 1, 2025
Recent Posts
  • Update on the partnership between EF and UNICEF
    Update on the partnership between EF and UNICEF
    • August 1, 2025
  • QYLP ETF – Deep Dive
    QYLP ETF – Deep Dive
    • August 1, 2025
  • REI is selling a 'well-designed'  messenger bag for only , and shoppers say it's 'perfect' for commutes
    REI is selling a 'well-designed' $90 messenger bag for only $55, and shoppers say it's 'perfect' for commutes
    • August 1, 2025
Categories
  • Business (1,289)
  • Crypto (684)
  • Economy (104)
  • Finance Expert (1,147)
  • Forex (685)
  • Invest News (1,572)
  • Investing (873)
  • Tech (1,275)
  • Trading (1,259)
  • Uncategorized (1)
  • Videos (774)

Subscribe

Subscribe now to our newsletter

Money Visa
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.