Europe to embrace AI on day 2 of Paris summit amid unclear global consensus

World leaders gathered on Tuesday for the second day and plenary session of the Paris summit on artificial intelligence, as US willingness to sign onto a statement championing sustainable AI remained in question. 

Hours after President Emmanuel Macron declared France was in the AI race and Europe was eager for business, representatives of nearly 100 countries including China, India and the US prepared to meet and determine if competing national interests could be reconciled. US Vice President JD Vance is leading the American delegation. 

Macron highlighted one difference on Monday night. When it comes to electricity, France would not adopt a "drill, baby, drill" approach, like US oil production policy, but instead tap its clean power so companies could "plug, baby, plug" to meet AI's voracious power needs, he said. 

One topic of political alignment, however, was that 2025 was not the year to regulate AI anew. US President Donald Trump has torn up his predecessor Joe Biden's AI guardrails and Europe has taken note. 

According to Macron, European Commission President Ursula von der Leyen will announce on Tuesday a new AI strategy for the bloc that "will be a unique opportunity for Europe to accelerate, to simplify our regulations, to deepen the single market and to invest as well in computing capacities." German Chancellor Olaf Scholz had this message for guests at an AI summit dinner on Monday: "I urge European companies to join forces for a strong joint effort towards AI made in Europe," he said in prepared remarks seen by Reuters. 

Executives were to gather for the event's Business Day, and OpenAI CEO Sam Altman was expected to address the summit. A consortium led by Elon Musk said on Monday it had offered $97.4 billion to buy the nonprofit controlling OpenAI. 

It was unclear if the US and other nations would embrace a draft summit statement circulated on January 30 that called for an 'inclusive approach' to AI that is multi-stakeholder, human rights-based and bolsters the developing world. 

The draft declaration, seen by Reuters, laid out priorities that included 'avoiding market concentration' and 'making AI sustainable for people and the planet.' Vance's first international trip as US vice president could still take a different focus. 

Vance told Breitbart News he would use the occasion to discuss bringing the Russia-Ukraine war to a close, among other topics, the right-leaning US media outlet reported. Reuters was not able to immediately verify the report. 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)