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Global AI Summit Backs New Delhi Declaration as U.S. Rejects Centralized Oversight

Investor skepticism and energy constraints now test the sector’s grand promises.

Overview

  • Some 86 countries and two international organizations endorsed a New Delhi Declaration calling for safe, reliable and robust AI under a shared global vision.
  • UN Secretary‑General António Guterres launched an independent scientific advisory panel with 40 designated experts to support human‑centred oversight.
  • White House technology advisor Michael Kratsios said the United States "categorically rejects" global AI governance, underscoring a split with UN‑backed approaches.
  • Financial markets have turned selective, with the Nasdaq down more than 16% in the past month and over $4 trillion in value erased as investors demand clear AI revenues and returns.
  • Goldman Sachs reported the U.S. retains leads in chips, frontier models and commercialization but faces energy and infrastructure bottlenecks, while Google’s Sundar Pichai warned that unequal access could widen an "AI gap."