Large Language Models (LLM) & AI Market: Xi Calls for More Open — and More Controlled — AI

At the World AI Conference in Shanghai, Chinese President Xi Jinping called for stronger controls and greater openness in artificial intelligence, proposing laws, oversight and early-warning systems to prevent misuse. His address — the first by the president at the event — signalled the Communist Party's increased focus on AI. One day earlier, 29 countries signed an agreement to create a global AI cooperation body (WAICO) to be based in Shanghai. Separately, Beijing startup Moonshot AI unveiled a new model, Kimi K3, which the company says has 2.8 trillion parameters. The article notes tensions with the US, including recent temporary US restrictions on access to certain AI models and allegations by US firms against Chinese rivals over technology theft.