EconomyLens.com
No Result
View All Result
Friday, August 28, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

World and tech leaders grapple with AI challenges at Paris summit

Emma Reilly by Emma Reilly
February 10, 2025
in Other
Reading Time: 8 mins read
A A
2
107
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

AI is having a major impact on society. ©AFP

Paris (AFP) – Political and tech industry leaders descended on Paris Monday for a two-day summit on artificial intelligence, hoping to find common ground on the revolutionary technology set to remake business and society across the world. Co-hosted by French President Emmanuel Macron and Indian Prime Minister Narendra Modi, the summit aims to lay the groundwork for governing the nascent sector, as global powers race to play leading roles in the fast-developing technology.

Related

Most stocks rise as attention turns to Warsh speech

Anger in Austria over business park on former Nazi camp site

Cancer fears stalk Kosovo’s coal heartland

‘End of an era’: Players lament decline of the disc at Gamescom

US to push economic pressure on Iran at G20 finance talks

Monday’s meeting of around 1,500 guests in the French capital’s opulent Grand Palais will feature lectures and panel discussions outlining the promises of and challenges posed by AI. Political leaders, including US Vice President JD Vance and Chinese Vice Premier Zhang Guoqing, are set to rub shoulders with the likes of OpenAI boss Sam Altman and Google chief Sundar Pichai. A largely suit-wearing crowd of men and women speaking languages from all over the world gathered under the glass-and-steel dome of the great hall, built for the 1900 Universal Exhibition.

Selected companies, academics, and non-profit groups were showing off their work with AI at stands around the cavernous space decked out with screens and geodesic domes. Two years on from the emergence of OpenAI’s ChatGPT chatbot, able to respond to all kinds of natural-language prompts, “artificial intelligence fuels both immense hopes and, at times, exaggerated fear,” Macron’s AI envoy Anne Bouverot told guests as she opened the summit. She promised a “turning point” that would bring more countries on board with AI development that until now has been restricted to a few advanced economies.

Also on the agenda is “sustainable development” of the resource- and energy-hungry technology. “We know that AI can help mitigate climate change, but we also know that its current trajectory is unsustainable,” Bouverot said.

Macron had on Sunday trumpeted the benefits of artificial intelligence and French efforts in the field. In a TV interview, he announced “109 billion euros ($113 billion) of investment in artificial intelligence in the coming years” in France. That was “the equivalent for France of what the US has announced with ‘Stargate’,” the $500-billion US programme led by ChatGPT maker OpenAI, he added.

The technical challenges and price of entry for nations hoping to keep abreast in the AI race have become clearer in recent weeks. Chinese startup DeepSeek stunned Silicon Valley heavyweights with its low-cost, high-performance AI models. In the United States, President Donald Trump lent the aura of his office to the “Stargate” project to build computing infrastructure such as data centres. These vast buildings concentrate in one place the data storage and processing power needed to develop and run the most advanced AI models.

“Europe has to find a way to take a position, take some initiative and take back control,” said Sylvain Duranton of the Boston Consulting Group. European Commission chief Ursula von der Leyen is expected to announce around 10 public supercomputers designed for use by researchers and startups while attending the summit.

Away from the investment grandstanding, a group of countries, companies, and philanthropic organisations said Sunday they would pump $400 million into a partnership called “Current AI” that would foster “public interest” approaches to the technology. Current AI aims to raise as much as $2.5 billion for its mission to grant AI developers access to more data, offer open-source tools and infrastructure for programmers to build on, and “develop systems to measure AI’s social and environmental impact.”

“We’ve seen the harms of unchecked tech development and the transformative potential it holds when aligned with the public interest,” Current AI founder Martin Tisne said. On Tuesday, political leaders from around 100 countries will hold a plenary session, with notable attendees including Modi, Vance, Zhang, and Von der Leyen. France hopes governments will agree on voluntary commitments to make AI sustainable and environmentally friendly. But any agreement may prove elusive between blocs as diverse as the European Union, United States, China, and India, each with different priorities in tech development and regulation.

© 2024 AFP

Tags: artificial intelligencesustainabilitytechnology
Share43Tweet27Share7Pin10Send
Previous Post

Nokia CEO Lundmark to be replaced by Intel AI chief Hotard

Next Post

Global stocks markets push higher despite more Trump tariffs

Emma Reilly

Emma Reilly

Related Posts

Other

Nvidia boosts tech stocks but caution dominates ahead of Fed speech

August 27, 2026
Other

Germany-led ‘frugal’ EU states demand budget plan cuts of ‘several hundred billion’

August 27, 2026
Other

After US settlement, EU says Meta must ‘protect our kids too’

August 27, 2026
Other

Tech stocks lifted by Nvidia as broader markets struggle

August 27, 2026
Other

Lofty bond yields, Bessent’s intervention pose challenge to Fed’s Warsh

August 26, 2026
Other

‘Be more honest’: Markets crave clarity from cryptic Fed chair

August 27, 2026
Next Post

Global stocks markets push higher despite more Trump tariffs

Paris summit grapples with real-world impact of AI

Nokia names Intel's AI head to replace CEO

Nestle share slump adds pressure on new boss

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Most stocks rise as attention turns to Warsh speech

August 28, 2026

Anger in Austria over business park on former Nazi camp site

August 28, 2026

Cancer fears stalk Kosovo’s coal heartland

August 28, 2026

Tanker pays record $5.3 mn to transit Panama Canal: administrator

August 28, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.