Xi Jinping Declares China Will Lead the World on AI
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At the World Artificial Intelligence Conference in Shanghai, Xi Jinping announced WAICO, a new global AI governance alliance of 29 members positioning China as a champion of open-source AI and directly challenging US-led initiatives. The emphasis on open access for developing nations institutionalizes Beijing's role in tech governance and could influence crypto, blockchain governance, DeFi adoption and cross-border interoperability as standards shift.
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- Xi Jinping launched a global AI governance plan through the new WAICO alliance.
- China says AI access should remain open and benefit developing nations globally.
- WAICO launched with 29 members, challenging US-led AI cooperation initiatives.
China has moved its AI ambitions from rhetoric to institutional reality, with President Xi Jinping using the World Artificial Intelligence Conference in Shanghai to announce a competing global governance framework and positioning Beijing as the champion of open-source technology for the developing world.
Direct Challenge to US Influence
Speaking at WAIC, Xi compared artificial intelligence to the steam engine and electricity in historical significance, then used that framing to argue that access to the technology must not become a privilege of wealthy nations.
He warned against the emergence of what he called new historica…
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