Xi Jinping spearheads China’s AI push

Xi Jinping is spearheading China's AI push, establishing a new body to strengthen Beijing's influence over international standard-setting. During his first keynote at the World AI Conference, 29 countries formed an AI cooperation body, though crypto and blockchain were not mentioned. Additionally, low-cost AI models from DeepSeek and Alibaba are closing the gap with US rivals, providing Xi Jinping further leverage over global tech rules while simultaneously raising various security concerns across the international community.