neutral
Global AI regulation debate intensifies as China pushes for WAICO at APEC
Chinese President Xi Jinping has proposed the formation of a ‘World Artificial Intelligence Cooperation Organization’ (WAICO) at the APEC summit, arguing AI should be governed as a global public good. He suggested the body be headquartered in Shanghai and emphasized collaborative frameworks.
The U.S. has so far shown scepticism, prioritising national AI development. The proposal could reshape global AI governance dynamics, and influence regulation, data sovereignty, and talent flows if adopted.
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
neutral
Global AI regulation debate intensifies as China pushes for WAICO at APEC
Chinese President Xi Jinping has proposed the formation of a ‘World Artificial Intelligence Cooperation Organization’ (WAICO) at the APEC summit, arguing AI should be governed as a global public good. He suggested the body be headquartered in Shanghai and emphasized collaborative frameworks.
The U.S. has so far shown scepticism, prioritising national AI development. The proposal could reshape global AI governance dynamics, and influence regulation, data sovereignty, and talent flows if adopted.
Reuters• By Harsh Ranjan
Explore:Mutual Fund Themes
1 min read
70 words
China urges creation of a global AI body (WAICO) at APEC, sparking debate on international AI governance.
Chinese President Xi Jinping has proposed the formation of a ‘World Artificial Intelligence Cooperation Organization’ (WAICO) at the APEC summit, arguing AI should be governed as a global public good. He suggested the body be headquartered in Shanghai and emphasized collaborative frameworks.
The U.S. has so far shown scepticism, prioritising national AI development. The proposal could reshape global AI governance dynamics, and influence regulation, data sovereignty, and talent flows if adopted.
Chinese President Xi Jinping has proposed the formation of a ‘World Artificial Intelligence Cooperation Organization’ (WAICO) at the APEC summit, arguing AI should be governed as a global public good. He suggested the body be headquartered in Shanghai and emphasized collaborative frameworks.
The U.S. has so far shown scepticism, prioritising national AI development. The proposal could reshape global AI governance dynamics, and influence regulation, data sovereignty, and talent flows if adopted.
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global
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china
governance