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China Proposes New Global AI Body to Counter Western Dominance

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Chinese Premier “Li Keqiang ”made the call during his speech at the opening ceremony of the World Artificial Intelligence Conference in Shanghai on Saturday, July 26, 2025, to propose the establishment of an organization to promote global cooperation in the development of artificial intelligence. While not specifically mentioning the United States in his speech at the Shanghai AI Conference, Li warned that “artificial intelligence may become a tool exclusive to a few countries and companies.”

  Chinese Minister “Li Keqiang ”made the proposal in a speech at the AI Conference in Shanghai, confirmed by the Chinese Foreign Ministry. Li stressed the need to strengthen coordination among countries to establish a global AI governance framework and rules based on broad consensus while preserving the development and safety of the technology. Li Keqiang emphasized the need for governance and open-source software development, with China officially proposing the establishment of a Chinese-led body for international cooperation on artificial intelligence. Official Chinese warnings that AI development must be balanced against security risks are evident, with China eager to achieve global consensus on this matter despite the intense technological competition between Beijing and Washington. Chinese Premier Li Keqiang emphasized that “the risks and challenges posed by AI have drawn widespread attention to the fact that finding a balance between development and security urgently requires greater consensus from all of society.” The use of AI in all fields has raised major ethical questions, from the spread of misinformation to its impact on employment and the potential loss of technological control.

  From my analytical perspective, this Chinese call to establish an organization to promote global AI governance comes as a step that reflects the growing importance of AI globally, with the United States calling, just days before the Shanghai conference, to promote AI technology in the future of the American economy. This is the same call US President Donald Trump announced on Wednesday, July 16, 2025, regarding a massive investment package aimed at supporting energy infrastructure and data centers. This announcement was made during his participation in the first Energy and Innovation Summit, held at Carnegie Mellon University in Pennsylvania. The US announcement coincided with the US announcement that all US companies involved in AI technology would invest approximately $92 billion in data center projects, with an estimated $36 billion invested in data center projects and approximately $56 billion in power generation sites. The US AI Summit was attended by senior executives from BlackRock, Palantir, Antropic, Exxon, and Chevron, with the announcement that this US AI funding will cover the construction of new data centers, power generation, network infrastructure, AI training, and internship programs.

  In this context, the Chinese government has developed a National Agenda for AI Technology Development, and China has emerged as a global leader in AI research and development. In 2016, the ruling Communist Party of China released its 13th Five-Year Plan, aiming to make China a global leader in AI by 2030. The Central People’s Government of the Communist Party of China has a list called the “National AI Teams,” which includes fifteen Chinese companies, most notably Baidu, Tencent, Alibaba Group, SenseTime, and iFlytek. Each company is expected to lead the development of a specific AI sector in China, such as facial recognition, software, hardware, and speech recognition. Recently, China launched “DeepSeek,” a Chinese AI application that outperforms “ChatGPT” and has caused a stir in global technology markets. 

 The Chinese government attaches great importance to artificial intelligence, having included it in the National Strategic Plan since 2016, with the issuance of numerous policies supporting its development. In addition to China’s massive investments in AI technology development, the Chinese government is pumping significant capital into developing AI models and applications, including establishing investment funds for AI startups. The Chinese government is also working to develop infrastructure by building a “National Integrated Computing Network” to enhance AI computing and data processing capabilities. China also aims to use AI to raise the level of industry and improve productivity and economic growth, with a focus on developing AI applications in various sectors, such as smart cities, medicine, and scientific research. Meanwhile, some Chinese companies, such as the Chinese company “DeepSeek,” are developing open-source AI models, contributing to the promotion of innovation in this field. 

  China seeks to enhance international cooperation in the field of artificial intelligence by sharing its expertise and technological products with other countries, particularly to support its agenda of advancing the developing global South in the face of American and Western technological hegemony.

  To compete with China in the field of artificial intelligence, in January 2025, Trump launched Project Stargate, with investments estimated at $500 billion over four years in data centers in the United States, with $100 billion in contributions from OpenAI, Japan’s SoftBank, and the American company Oracle. Trump also reversed policies adopted by the administration of former President “Joe Biden,” which imposed restrictions on the development of powerful artificial intelligence algorithms and restricted exports of advanced technology to some allied countries. Trump is also expected to present his plan to keep pace with the development of artificial intelligence in the face of China’s superiority over American AI technology tactics. 

  To this end, we note that despite China’s call to establish a new organization to enhance governance in the field of artificial intelligence, the United States has rejected any Chinese proposal in this regard. This is due to previous restrictions imposed by the United States on the export of advanced technology to China, including the latest AI chips manufactured by companies such as Nvidia and chip manufacturing equipment, based on concerns that this technology could enhance China’s military capabilities. Despite these restrictions, China has continued to make strides in the field of artificial intelligence, prompting US officials to request an audit of Chinese AI development equipment and machinery. To this end, Chinese state-led AI investment funds are pumping massive capital into developing AI models and applications, including an $8.2 billion AI fund for startups. China is also adopting a “National Integrated Computing Network” to pool computing resources across public and private data centers.

  From the above analysis, we find that the artificial intelligence industry in China is a massive investment, exceeding billions, and is developing at an unprecedented pace, especially since the roots of AI development in China in the late 1970s, following the economic reform policy implemented by former Chinese President “Deng Xiaoping”, which emphasized the role of science and technology as a fundamental productive force within China.



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Evertrace acquires Whisper AI to build the leading VC sourcing tool

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Evertrace – the founder detection engine for data-driven VCs – today announced the acquisition of Whisper AI. Whisper AI brings deep expertise in company data, trade registry integrations, and a strong foothold in the DACH market – a key step in Evertrace’s wider European and global expansion.

The acquisition accelerates Evertrace’s mission to give investors the earliest and most precise signals on emerging founders and companies. By combining Whisper AI’s registry and company data with Evertrace’s detection engine, the company moves closer to executing on this mission and be the key player in the market.

“Whisper AI’s expertise in company registries and their position in the DACH region give us access to a unique set of data sources and a crucial market. Together, we can strengthen our ability to surface the founders and companies investors need to know about – earlier than anyone else,” said Jacob Graubæk Houlberg, Co-founder at Evertrace.

We founded Whisper AI to make company and registry data more accessible and actionable to VC investors. Becoming part of Evertrace allows us to scale that mission significantly – and directly contribute to building the leading sourcing engine for early stage investors,” said Nikolai Niklaus, founder of Whisper AI.

Whisper AI’s technology will be fully integrated into the Evertrace platform, giving customers richer signals, faster updates, and broader geographic coverage.

About Evertrace

Evertrace is the founder detection engine for data-driven venture capital investors. Using machine learning and unique data signals, Evertrace helps funds identify founders earlier than anybody else

About Whisper AI

Whisper AI specializes in advanced company data and registry integrations, with a particular focus on the DACH market. Its technology enables the early detection of new companies and founders for European early stage investors by turning complex data pipelines into actionable insights



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South Korean companies bridge AI adoption gap with operational overhaul – 조선일보



South Korean companies bridge AI adoption gap with operational overhaul  조선일보



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AI will be the most transformative force in human history

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‘My advice to young people is to study STEM and experiment with AI because you will always be better off understanding how new technologies work and how they can be used,’ Demis Hassabis, CEO of DeepMind Technologies, tells Kathimerini’s Executive Editor Alexis Papachelas. [Nikos Kokkalias]

From the age of 4, he had already demonstrated remarkable talent in chess. By 17, he had created his first video game. In 2024, at 48, Demis Hassabis was awarded the Nobel Prize in Chemistry, alongside his colleague John M. Jumper, for their groundbreaking AI research in protein structure prediction.

Born in London to a Greek-Cypriot father and a mother of Singaporean heritage, Hassabis is now regarded as one of the leading pioneers in artificial intelligence. He is the chief executive officer and co-founder of DeepMind, acquired by Google in 2014.

Last week, Hassabis visited Athens to meet with Prime Minister Kyriakos Mitsotakis and discuss AI, ethics and democracy within the framework of the Athens Innovation 2025 conference. On the occasion of his discussion at the Odeon of Herodes Atticus on Friday, he spoke to Kathimerini about the hopes and concerns surrounding “intelligent” technologies. For the first time, he also revealed how the trauma of displacement from Famagusta in 1974 has shaped both his family and himself.

You have an amazing personal story. Based on your experience, what advice would you give to a young person growing up today?

The only certainty is that there will be incredible change over the next 10 years. My advice to young people is to study STEM [science, technology, engineering and mathematics] and experiment with AI because you will always be better off understanding how new technologies work and how they can be used. But don’t neglect meta-skills, like learning how to learn, creativity, adaptability and resilience. They will all be critical for the next generation.

You often talk about the AI revolution being much bigger than the Industrial Revolution. You are one of the few people that can describe our future 10 years down the road. What will the fundamental changes be?

There will be profound change as AI advances. Universal assistants will perform mundane tasks, freeing us up for more creative pursuits. AI tools will help personalize education and curate information for us, allowing us to protect our attention and mindspace from the bombardment of the digital world. AI will also help us design new medicines and materials faster, giving us better batteries and new sources of clean energy. All of this could lead to an era of radical abundance by eliminating the scarcity of water, food, energy and other resources, allowing for maximum human flourishing. But this amazing future depends on society stewarding AI safely and responsibly. Just as with industrialization, the transition will come with challenges. The Industrial Revolution was a net good for society and propelled the world forward. I’m hopeful AI can deliver a similar leap for humanity.

Will an AI “creature” be able to hold a Socratic dialogue on abstract ideas with a real philosopher during our lifetime?

It’s plausible and perhaps even likely. Today’s AI systems are impressive, but they lack some key capabilities for a true Socratic dialogue. They don’t have a deep, conceptual understanding to explain their reasoning, and they can’t pose their own novel questions to explore ideas. Right now, we question and they answer. In the future, they will have to be able to do both in a way that doesn’t mimic us but pushes us to be creative and takes us down new avenues of thought.

There hasn’t been a commercially available AI app that has been proven really profitable… Do you share the concern that AΙ expectations have created a stock market bubble similar to the dot-com one?

In the short term, there is a lot of hype around AI – probably too much – because even though today’s systems are extremely impressive, they also have lots of flaws. Many near-term promises are being made that aren’t really scientifically grounded. But in the medium to longer term, the monumental impact AI is going to have is still underappreciated. It will be the most transformative moment in human history, so I think the investments we’re making are well-justified.

Is China really ahead of the US in terms of AI development? Do you see a new cold war emerging with competing AI platforms? Can Europe become a serious player on this frontier?

The US and the West are ahead of China on AI development currently but China’s domestic AI ecosystem is strong and catching up fast, as shown by recent model releases. Europe (including the UK) can be a serious player. It has real strengths in AI through its history of scientific discovery, incredible academic institutions and strong startup environment. There’s an important role for Europe in working with close allies like the US to shape the responsible development and governance of AI globally. But this will require it to remain innovative, dynamic and at the technical forefront.

You often paint an almost utopian picture of the future, with AI providing solutions to almost every challenge. Does your prediction run the risk of being too optimistic since AI will also create huge disruptions because of massive unemployment and energy depletion?

I’m a cautious optimist. I think artificial general intelligence (AGI) will be one of the most beneficial technologies ever invented. But there are significant risks that have to be managed and there is a high degree of uncertainty. There are technical ways to anticipate and mitigate these risks, but as a society, we should be trying to better understand and prepare for them. We need economists, social scientists, philosophers and other experts to be thinking about the implications of a post-AGI world. A technology with the potential for such profound societal impact must be handled with exceptional care and foresight.

AI is dramatically changing our business, the media business. Any thoughts on how solid news reporting and analysis can survive in the AI era? And do we run the risk of generations of “lazy minds” who will just look for ready, fully digestible answers to everything on their smartphone? Will AI-provided information be controlled by a few info-bosses?

AI can be a powerful tool for journalists, helping them handle more mundane information-gathering tasks so they can spend more time on valuable reporting. Misinformation and deepfakes are real risks but technical solutions exist, like invisible watermarking, to help people distinguish between real and fake information. Universal digital assistants will help us be more productive at work and in our personal lives, freeing up time for creativity and deep thinking. By helping to synthesize and understand information, they could enable us to learn faster. They could also enrich our lives by making better, more personalized recommendations for books, music and other ways we like to spend our time. Ensuring fair and equal access to AI requires careful management and cooperation between governments, academia, civil society, philosophers and the public.

Your father’s family had to abandon their home in Cyprus in 1974. Was this a traumatic moment and an important part of your growing up?

It was a devastating moment for my grandparents because they lost literally everything. They were working in the UK at the time but were sending all their money back to Cyprus to try to build their family home in Famagusta and then eventually go back to live there. They lost everything and I don’t think they ever really fully recovered from it. Obviously, it loomed large as a big part of my upbringing, a sort of unspoken thing always in the background.





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