China announced plans to establish an international organization to foster global cooperation on artificial intelligence, positioning itself as a counterweight to U.S. influence in the rapidly advancing technology. Premier Li Qiang unveiled the proposal during the World Artificial Intelligence Conference (WAIC) in Shanghai, emphasizing the need for shared AI development and equitable access, particularly for the Global South.
Li warned against AI becoming the “exclusive game” of a few nations and highlighted challenges such as fragmented regulations, limited AI chip supply, and restrictions on talent exchange. He called for a unified global governance framework to address the risks and opportunities presented by AI’s rapid evolution.
The proposal comes as U.S.-China tech competition intensifies. Earlier this week, the Trump administration released a blueprint aimed at boosting U.S. AI exports to allies to maintain its technological edge. Washington has imposed export controls on advanced chips and equipment, citing security concerns, but China has continued to advance AI capabilities, drawing close scrutiny from U.S. officials.
China’s Vice Foreign Minister Ma Zhaoxu revealed the planned AI organization could be headquartered in Shanghai and invited over 30 countries, including Russia, South Africa, and Germany, to join pragmatic cooperation efforts. An action plan for global AI governance has also been published, encouraging international participation through open-source initiatives.
The three-day WAIC attracted over 800 companies showcasing 3,000 AI products, including 40 large language models and 60 intelligent robots. Major Chinese firms like Huawei and Alibaba led the exhibitions, alongside international participants such as Tesla, Alphabet, and Amazon.
High-profile speakers included AI pioneer Geoffrey Hinton and former Google CEO Eric Schmidt, though Tesla’s Elon Musk, a regular at previous events, did not attend this year.


LG Electronics Shares Slide as Q3 Profit Misses Estimates
UK Sanctions Crypto Exchanges Linked to Russia
Trump Weighs FBI Probe Into Nolan Wells’ Death
Marvell Stock Surges on $90 Billion AI Revenue Outlook
Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs
France to Release 10 Million Barrels of Diesel to Ease Fuel Prices
Amazon Cuts More Jobs as AI Investment Expands
EU Gives Crypto Platforms Three Months to Remove USDT Under MiCA Rules
SpaceX Seeks $40 Billion for Nvidia AI Chips
TSMC Q3 Revenue Beats Estimates as AI Chip Demand Surges
Illinois Delays Crypto Tax Law Until July 2027
Saudi Arabia Probes Flydubai Cockpit Attack
Micron Shares Rise 4% Despite Taiwan Strike Risk
Anthropic Launches Claude Dashboards and Motion AI Tools
Fairshake Backs 32 Pro-Crypto House Candidates
US Suspends Microsoft, Adobe From Green Card Program
DogecoinVM Makes DOGE Transactions 300x Faster 



