Close Menu
    Latest Posts

    DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets

    July 24, 2026

    AMD has more than doubled in 2026. It has more room to run, UBS says

    July 24, 2026

    U.S., other nations back open-source AI with ‘strong security’ at China summit

    July 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets
    • AMD has more than doubled in 2026. It has more room to run, UBS says
    • U.S., other nations back open-source AI with ‘strong security’ at China summit
    • Volkswagen CFO addresses plant closures, job losses as profits sink
    • Oil price passes $100 a barrel again as Middle East conflict escalates | Oil
    • UK households free to install plug-in balcony solar panels from end of August | Energy bills
    • Stocks making the biggest moves premarket: LMT, TSLA, GOOGL
    • EU Hits Russia With Toughest Crypto Crackdown Yet
    Facebook X (Twitter) Instagram
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Friday, July 24
    • Home
    • Banking
    • Business
    • Crypto
    • Economy
    • Fintech
    • Investing
    • Markets
    • Stocks
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Home»Markets»U.S., other nations back open-source AI with ‘strong security’ at China summit
    Markets

    U.S., other nations back open-source AI with ‘strong security’ at China summit

    AdminBy AdminJuly 24, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    U.S., other nations back open-source AI with 'strong security' at China summit
    Share
    Facebook Twitter Pinterest Email Copy Link

    Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks.

    Evelyn Cheng | CNBC

    CHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates.

    The 21 APEC member economies, which include the U.S. and China, released a “Chengdu statement” on AI that emphasized respect for “security, data protection and intellectual property rights,” while calling for supporting open-source development.

    The statement released Thursday also specified support for models and projects “that employ strong security assurance through development and deployment.”

    Those details reflect how open source is moving further away from its libertarian roots, and toward one involving more state oversight. China has led recent open-source AI development, amid U.S. claims of stealing from American tech to do so.

    Open-source models from Chinese companies such as DeepSeek and GLM 5.2 are free to use and download, in contrast to U.S. companies such as Anthropic that only offer closed, pay-to-use AI models.

    The Chengdu statement’s “explicit alignment around open-source ecosystems and compute infrastructure” confirms that Asia-Pacific is moving away from closed models to open-weight systems that are combined with state-coordinated energy, telecom and digital infrastructure, said Winston Ma,  adjunct professor of law at New York University,

    The APEC AI statement is the first one to include open-source cooperation at a minister level, according to Li Lecheng, China’s industry and information technology minister, who chaired the leaders’ meeting on Thursday.

    He noted all parties recognized the risks of AI, and encouraged dialogue across the government, private sector and academia to share information about cybersecurity, supply chain resilience and online scams.

    The comments come amid growing reports that Washington and Beijing seek tighter controls on homegrown AI capabilities.

    “Getting 21 economies, including both China and the United States, to recognize trusted open-source AI as something worth supporting is meaningful,” said Wei Sun, principal analyst, artificial intelligence, Counterpoint Research.

    “The phrase ‘strong security assurance’ gives more security-conscious economies room to support open models while still demanding testing, transparency, data protection and deployment controls,” she said. “The debate is moving beyond open vs. closed and towards: who can now build an open ecosystem that is also trusted enough for governments and enterprises to deploy.”

    But technology might end up moving much faster.

    Janet De Silva, chair of the APEC Business Advisory Council Digital and innovation working group, earlier on Thursday urged the ministers to prepare for the quantum computing era.

    “We need trusted encryption to ensure the security of our entire financial system, ensuring that quantum computing is not only a security measure but also an opportunity to bring competitiveness.”

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

    China nations opensource security Strong summit U.S
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Admin
    • Website

    Related Posts

    Investing

    Japan’s $1.8 trillion pension giant might bring money home. That could jolt U.S. stocks and the Fed.

    July 23, 2026
    Markets

    AI stocks are echoing a 1990s market split. JPMorgan warns the next few weeks are critical.

    July 23, 2026
    Markets

    Best Buy’s Founder and Chairman Emeritus Sold Company Shares Worth $74 Million. Here’s What That Means for Investors.

    July 22, 2026
    Markets

    US leading index for June -0.2% versus -0.1% estimate

    July 20, 2026
    Markets

    Is there a deadline to claim the $1,000 ‘Trump account’ contribution for my kid?

    July 19, 2026
    Markets

    Wall Street adapts to new era of Federal Reserve communications

    July 18, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets

    July 24, 2026

    AMD has more than doubled in 2026. It has more room to run, UBS says

    July 24, 2026

    U.S., other nations back open-source AI with ‘strong security’ at China summit

    July 24, 2026

    Volkswagen CFO addresses plant closures, job losses as profits sink

    July 24, 2026
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About Us

    Welcome to MoneyLister.com — your trusted source for reliable insights in the world of finance, investing, and digital assets.

    At MoneyLister, our mission is simple: to make complex financial topics easy to understand and accessible to everyone. Whether you're a beginner exploring cryptocurrency, an investor tracking the stock market, or a professional staying updated on global business trends, we provide clear, informative, and up-to-date content to help you stay ahead.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets

    July 24, 2026

    AMD has more than doubled in 2026. It has more room to run, UBS says

    July 24, 2026

    U.S., other nations back open-source AI with ‘strong security’ at China summit

    July 24, 2026
    Recent Posts
    • DeFi’s next institutional hurdle is deciding who can be trusted to price real-world assets
    • AMD has more than doubled in 2026. It has more room to run, UBS says
    • U.S., other nations back open-source AI with ‘strong security’ at China summit
    • Volkswagen CFO addresses plant closures, job losses as profits sink
    • Oil price passes $100 a barrel again as Middle East conflict escalates | Oil
    © 2026 moneylister. Designed by Pro.
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.