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27.06.26 - 14:36
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EU Joins US-Led Pax Silica Alliance To Secure AI Supply Chains (ZeroHedge)
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EU Joins US-Led Pax Silica Alliance To Secure AI Supply Chains
Authored by James Xu via The Epoch Times,
The European Commission, Germany, Greece, and the Netherlands have joined the U.S.-led Pax Silica partnership, expanding a group focused on securing supply chains for artificial intelligence and other critical technologies.
Semiconductor chips on a circuit board of a computer on Feb. 25, 2022. Florence Lo/Illustration/Reuters
The announcement came at a summit in Washington on June 23 hosted by the U.S. State Department. The partnership aims to strengthen cooperation on semiconductors, critical minerals, energy, and advanced manufacturing.
U.S. Under Secretary of State for Economic Affairs Jacob Helberg welcomed the new members.
"The European Union does not join Pax Silica as one more name on a list. It arrives as what it is: the largest single market on Earth," he said.
Helberg highlighted Germany's industrial base, Greece's shipping industry and strategic location, and the Netherlands' ...
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27.06.26 - 12:18
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Pax Silica Summit: India among 35 countries backed US-led ′AI Opportunity′ declaration (Times of India)
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India has joined 34 nations in a US-led effort to foster robust AI supply chains, signing the Joint Statement on AI Opportunity. This move champions a pro-growth, pro-innovation regulatory path for artificial intelligence. The initiative emphasizes trusted supply chains, private sector involvement, and critical infrastructure development for the future. Discussions also focused on expanding cooperation in semiconductors and AI....
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27.06.26 - 12:00
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Should we fear an AI bubble bust? (Japan Times)
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Recent swings in tech stocks are reviving fears of an AI bubble — and some experts warn that if it pops, the fallout could be bigger than anything Wall Street has ever seen....
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