Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG 
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
China vs. NASA: The New Moon Race and What's at Stake by 2030 
China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
On Thursday, the US, Britain, and the European Union will sign the world’s first legally binding AI treaty. The agreement, developed by the Council of Europe, aims to address the human rights challenges posed by AI systems while promoting responsible innovation.
US, Britain, and EU to Sign Historic AI Agreement
Members of the European Union, the US, and the UK, among others, will be able to sign the first ever legally enforceable international AI treaty on Thursday, according to the Council of Europe's human rights organization.
Reuters reports that 57 nations met in May to ratify the AI Convention, a long-awaited document that promotes responsible innovation while addressing potential hazards posed by AI.
Britain Emphasizes Protecting Human Rights in AI
"This Convention is a major step to ensuring that these new technologies can be harnessed without eroding our oldest values, like human rights and the rule of law," stated Britain's justice minister Shabana Mahmood.
In contrast to the EU AI Act, which went into effect last month, the AI Convention is primarily concerned with safeguarding the human rights of individuals impacted by AI systems.
AI Act Governs EU’s Internal AI Market
The Artificial Intelligence Act of the European Union contains extensive rules on the creation, implementation, and utilization of AI systems within the internal market of the EU.
According to MSN, all twenty-seven member nations of the European Union are part of the 47-member Council of Europe, which was established in 1949 and is separate from the European Union. Its mission is to protect human rights.
Feasibility Study for AI Convention Began in 2019
The 2019 feasibility study of an AI framework convention was initiated by an ad hoc group; in 2022, a group on Artificial Intelligence was established to develop and negotiate the language.
To implement the provisions, the signatories are free to use legislative, administrative, or other means at their discretion.
The federal government of the United Kingdom has pledged to collaborate with devolved administrations, local governments, and regulators to properly execute its new regulations.
