• Home
  • Business
  • Pax Silica Summit: India among 35 countries backed US-led ‘AI Opportunity’ declaration
Pax Silica Summit: India among 35 countries backed US-led ‘AI Opportunity’ declaration

Pax Silica Summit: India among 35 countries backed US-led ‘AI Opportunity’ declaration


Pax Silica Summit: India among 35 countries backed US-led 'AI Opportunity' declaration
India joined 34 other countries in backing a US-led initiative to build trusted and resilient supply chains for artificial intelligence (AI), signing the Joint Statement on AI Opportunity at the second Pax Silica Summit in Washington on Thursday.

India joined 34 other countries in backing a US-led initiative to build trusted and resilient supply chains for artificial intelligence (AI), signing the Joint Statement on AI Opportunity at the second Pax Silica Summit in Washington on Thursday.The declaration aligns participating countries behind a pro-growth, pro-innovation regulatory approach for the AI era, Jacob Helberg, US Under Secretary of State for Economic Affairs, said.“A commitment to trusted supply chains, to mobilising the private sector, and the infrastructure that will power the next century,” Helberg said, PTI quoted.Argentina, Germany, the Netherlands, Chile, Costa Rica, Greece, Kazakhstan, Panama and the European Union joined the Pax Silica initiative on the sidelines of the summit.India was represented by S Krishnan, Secretary, Ministry of Electronics and Information Technology, Nagraj Naidu, Additional Secretary (Americas) in the Ministry of External Affairs, and representatives from Indian industry.The Indian delegation held discussions with governments and industry representatives on expanding cooperation in semiconductors, artificial intelligence and resilient technology supply chains.“The future of AI will not be determined by who regulates first. It will be determined by who builds first and builds the most capacity. More energy. More compute. More chips. More talent. More builders. A future where we accelerate innovation and private investment is welcomed,” Helberg said.“Together, we aspire to build an AI future that serves our peoples, strengthens our economies, and empowers entrepreneurship, innovation, and the rule of law,” he added.Helberg said the Pax Silica Initiative was launched in December last year with a handful of countries. India joined the initiative in February on the sidelines of the AI Impact Summit in New Delhi.



Source link

Related Posts

Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption

Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees.…

ByBySaartaj Jun 27, 2026

Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies

DeFi protocol Kelp DAO has announced that it will be migrating its staking token, rsETH, to the Chainlink…

ByBySaartaj Jun 27, 2026

Colombia Seeks to Mine Bitcoin Using Surplus Renewable Energy From Country’s Coastline

Colombia’s President Gustavo Petro has said that the country’s coastline holds potential in transforming itself into a Bitcoin…

ByBySaartaj Jun 27, 2026

Bitcoin Price Stabilises Around $81,000 Amidst Robust Investor Demand

Bitcoin traded near $81,000 (roughly Rs. 77.5 lakh) on Wednesday, as the cryptocurrency market remained resilient despite higher-than-expected…

ByBySaartaj Jun 27, 2026

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top