China calls for the creation of a global AI organization

China has proposed the creation of a "world AI cooperation organization" to address concerns about "technological monopolies" and ensure that AI development is not an "exclusive game for a few countries and companies." The Chinese premier, Li Qiang, made this proposal at the World Artificial Intelligence Conference (WAIC) in Shanghai. Li's statement comes amid tensions between China and the United States over AI development and access to advanced AI chips. The U.S. has restricted the export of AI chips to China, prompting Chinese companies to develop their own AI systems. China, in turn, is willing to share its AI technologies with developing countries and "actively promote" the development of open-source AI. Li emphasized the need for stronger global coordination and a "global AI governance framework" to address the fragmented nature of AI regulation and institutional rules across countries. The proposal aims to ensure that AI development and deployment are not dominated by a few countries or companies, but rather have broad international consensus and participation.