88 Countries Just Signed a Deal That Could Decide Who Controls AI Forever
The world's biggest AI summit wrapped up in India with a massive global agreement, and hundreds of billions of dollars in new investments.
Something huge just happened in India that most people missed entirely. At the AI Impact Summit in New Delhi, 88 countries, including the US, China, and the EU, signed a sweeping agreement called the New Delhi Declaration on AI Impact. It's basically the world trying to agree on rules for AI before it's too late.
But the money is what really tells the story. Indian companies Reliance and Adani announced plans to invest a combined $210 billion in AI data centers and infrastructure. Microsoft committed $50 billion for AI in developing countries. OpenAI and AMD both partnered with India's Tata Group. Blackstone threw $600 million into Indian AI infrastructure.
We're talking about numbers so big they're hard to wrap your head around. To put it in perspective, $210 billion is more than the entire GDP of most countries on Earth.
Why India? Because the country is positioning itself as the bridge between Silicon Valley and the developing world, the place where AI gets built for the other 6 billion people who aren't in the US or Europe.
The summit wasn't without drama, though. Bill Gates pulled out amid backlash over his ties to Jeffrey Epstein, and an Indian university got caught claiming it invented a robot dog that was actually made by a Chinese company. Classic.
As reported by CNBC.
Source: CNBC
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