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China ready to take control as US and UK back out of AI Action Summit statement

The US and UK declined to sign a joint declaration on "inclusive and sustainable" AI at the AI Action Summit in Paris, potentially creating a leadership vacuum in AI governance that China could fill. The declaration, signed by over 60 countries including China, aims to establish safeguards for AI development. The US cited concerns about excessive regulation stifling the industry, while the UK prioritized its alliance with the US. The Global South is unlikely to pick a side.
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