Xi Jinping calls for China to lead global AI rules and profit from rollout

Xi Jinping is positioning China to lead global AI governance by establishing a new 29-country organization. He aims for China to profit from the AI rollout while advocating for increased open-source AI, collaboration, and sharing. This strategic push for leadership in global AI rules is expected to impact decentralized AI markets and crypto. The Chinese leader emphasized that China is ready to be more open to foster international cooperation in AI development.