The two-day AI summit ๊in Paris brought together leaders and representatives from more than 100 countries to discuss how to reach a consensus on guiding the global development of AI. Different countries and leaders presented their stand on the use and implementation of AI for global development.
♏On one side, Europe is seeking to regulate and invest in AI, there is China who is focusing on expanding access through state-backed tech giants. Meanwhile, the US is pushing for a hands-off approach in terms of regulation. India is also looking at collaboration with global companies and focusing on leveraging AI to solve societal problems such as healthcare, agriculture, and education.
🌌What is next for AI in the context of global development? What was the outcome of the Paris AI summit? Explained.
AI and USA
⛎The USA has long been a leader in AI research and development, with major companies like Google, Microsoft, and OpenAI driving much of the innovation. The U.S. government has recently emphasized AI’s importance for national security and economic growth.
🎉As per a Reuters report, the US government is planning to further restrict AI chip and technology exports, divvying up the world to keep advanced computing power in the United States and among its allies while finding more ways to block China's access. The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access for America's closest allies, while also maintaining a block on exports to China, Russia, Iran and North Korea.
AI and Europe
🧸Europe’s strategy for AI development is centered around ethical guidelines, regulation, and a commitment to ensuring that AI benefits society without compromising individual rights. The European Union has been a strong advocate for establishing rules that govern AI use, especially regarding privacy, security, and transparency. The EU’s AI Act, proposed in 2021, is one of the most ambitious regulatory frameworks, aiming to balance innovation with consumer protection.
💙Additionally, the union will mobilise €200bn for investment in AI, European Commission President Ursula von der Leyen said. Of this, €20bn will be earmarked for AI gigafactories, which, according to the Commission, is needed to allow for “collaborative development” of the most complex AI models.
AI and China
꧃China recently took a giant leap in the AI race with its DeepSeek AI model that shocked the markets in the US and worldwide. Its impact was so sudden that US President Donald Trump described its launch as a wake-up call for the American tech industry.
💫As per a CNBC report, China’s Baidu is planning to release the next generation of its AI model in the second half of this year, as newer players such as DeepSeek disrupt the segment. Ernie 5.0, called a foundation model, is set to have big enhancements in multimodal capabilities which can process texts, videos, images and audio to combine them as well as convert them across categories.
AI and India
♕India is currently at the testing stage of various developments in the AI space, with global representatives like Elon Musk and Sam Altman stating it as a developmental and key market.
🥃Present at the summit, Prime Minister Narendra Modi highlighted that quality data sets that are free from biases are crucial in developing trustworthy and transparent AI systems. Highlighting AI’s transformative potential in reshaping society, the economy, and security, the Prime Minister urged global cooperation to establish inclusive technological governance and democratize technology. “AI has the power to improve millions of lives by advancing sectors like health, education, and agriculture, among others. It can help accelerate progress toward achieving the Sustainable Development Goals. To realize this, we must create open-source systems that foster trust and transparency,” he emphasized.
Tech Giants Crosshairs On AI Too
Google recently said that it will use AI for developing weapons and surveillance tools. This move, which drew criticism worldwide, was for businesses and governments needed to work together on AI that supports national security, Google said.
🦩Additionally, the tech giant has also committed to advancing AI development, with CEO Sundar Pichai announcing an investment of $75 billion this year, primarily in AI-related capital projects. “With AI, we have an opportunity to democratize access from the outset and prevent the digital divide from becoming an AI divide,” he stated at the AI Summit in Paris.
🍷Meanwhile, Meta chief Mark Zuckerberg recently announced to fire about 3,600 people, starting with hires that “aren’t meeting expectations, reports said. The plan is to use the resources from the layoffs to power its AI development and focus on securing the strongest talent.
And to develop its AI systems, reports showed that Meta 𝔉was in talks to buy Korean AI chip startup, FuriosaAI. Compared to its competitors, Meta has been lagging behind in the AI race.
🦂And Tesla is also looking at spending more on AI in 2025. It had invested nearly $8 billion on research and other AI projects in 2024 and currently, the company is developing itsAI training cluster, Cortex, at its Texas facility to enhance self-driving technology and humanoid robotics.
💙Another giant, Microsoft, has committed $80 billion for AI-related investments in 2025 with more than half of that targeted at US-based projects. The giant’s focus would be on expanding AI workloads in its cloud infrastructure.
