AI experts urge US-China collaboration at Shanghai conference
artificial intelligence amid growing concerns that humanity might lose control of the rapidly evolving technology.
Advertisement
At the
World Artificial Intelligence Conference (WAIC) , which commenced in Shanghai on Saturday, Nobel laureate and
AI pioneer Geoffrey Hinton proposed the establishment of 'an international community of AI safety institutes and associations that works on techniques for training AI to be benevolent'.
In his talk, Hinton acknowledged the challenges of international cooperation owing to divergent national interests on issues such as cyberattacks, lethal autonomous weapons, and the creation of fake videos that manipulate public opinion. However, he emphasised a critical common ground: 'No country wants AI to take over'.
Hinton warned that AI was akin to a 'cute tiger cub' kept as a pet by humans, but which could become dangerous as it matured. He stressed the importance of preventing this scenario through international cooperation, drawing parallels to US-Soviet collaboration on nuclear non-proliferation during the Cold War.
AI pioneer Geoffery Hinton proposes 'an international community of AI safety'. Photo: Handout
Yan Junjie, founder and CEO of
Shanghai-based AI unicorn MiniMax , said 'AGI [artificial general intelligence] will undoubtedly become a reality, serving and benefiting everyone'.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
an hour ago
- South China Morning Post
AI chip start-up Groq nears US$600 million funding deal
Artificial intelligence chip start-up Groq is set to raise about US$600 million in a new funding round that gives the company a roughly US$6 billion valuation, according to people familiar with the talks. Advertisement The latest round is being led by the venture capital firm Disruptive, which committed more than US$300 million to the deal, said the people, who asked not to be identified discussing private information. Representatives for Disruptive and Groq declined to comment. The fundraising is still being finalised, and the details could change. The Information on Tuesday reported that Groq had slashed more than US$1 billion off its revenue projections for 2025. The website also previously reported some details of the funding round. One of the people familiar with the matter said that Groq expected the revenue that was trimmed from its projections this year to be realised in 2026 instead. The start-up declined to comment on its sales. Advertisement The funding round was bigger than what Groq was initially planning to raise, the people said. It brings the start-up's total cash haul to more than US$2 billion and doubles its valuation. Last year, the company raised US$640 million in a deal led by BlackRock funds.
South China Morning Post
an hour ago
- South China Morning Post
HSBC plans US$3 billion stock buy-back after 29% drop in second-quarter profit
HSBC, the largest banking group in Europe and Hong Kong by assets, maintained the size of its stock buy-back programme after reporting a 29 per cent drop in profit last quarter because of bigger-than-expected impairments to its interest in mainland Chinese lender Bank of Communications (BoCom). The UK lender, whose Asian base is in Hong Kong, will set aside US$3 billion to repurchase its own shares for the next three months, matching the spending in the same period a year ago, according to its stock exchange filing on Wednesday. It will pay a dividend of 10 US cents per share, the same as in the preceding quarter. HSBC on July 25 completed its US$3 billion stock buy-back started from May. It spent US$2 billion on stock buy-backs from February to April this year. HSBC said its pre-tax profit in the second quarter fell 29 per cent to US$6.33 billion from a year earlier, citing slimmer lending margins. It also booked a one-off loss of US$2.1 billion after a special stock issuance by BoCom to the Chinese central government in April diluted its stake in China's fifth largest lender to 16 per cent from 19.03 per cent - larger than the US$1.2 billion to US$1.6 billion range it estimated in April. The second quarter pre-tax profit was lower than a market consensus of US$6.99 billion among analysts tracking the stock, according to Bloomberg data. CEO Georges Elhedery (left) arrives at 10 Downing Street on July 9, 2025 to attend a meeting of French and British business leaders. Photo: AFP On a six-month basis, HSBC reported a 26 per cent drop in pre-tax profit to US$15.8 billion from a year earlier. Net profit decreased 30 per cent to US$11.5 billion, or 65 US cent per share, trailing a consensus forecast of US$11.9 billion compiled by the bank.
South China Morning Post
an hour ago
- South China Morning Post
Singapore's Seatrium agrees to pay US$110 million in Brazil corruption case
Singapore 's Seatrium has agreed to pay US$110 million as part of a deferred prosecution agreement over corruption offences in Brazil, the Attorney General's Chambers (AGC) said on Wednesday. A deferred prosecution agreement is a settlement where the prosecution agrees to defer criminal charges against a corporate offender in exchange for the corporation's agreement to comply with various conditions. The AGC said the public prosecutor and Seatrium entered into the agreement on Wednesday. The public prosecutor will apply to the High Court to approve the deferred prosecution agreement. It will come into force only when the High Court approves it after determining that it is in the interests of justice and that its terms are fair, reasonable and proportionate, according to the AGC. Seatrium has agreed to pay US$110 million as part of a deferred prosecution agreement over corruption offences in Brazil. Photo: Facebook/Seatrium Under the terms of the deferred prosecution agreement, Seatrium will be required to pay a financial penalty of US$110 million to the public prosecutor.
