China's AI Development Agenda at BRICS Summit 2023

During the BRICS summit, China's President Xi Jinping emphasized the nation's commitment to advancing open-source artificial intelligence (AI), aiming to position China as a significant player in this technology sector. The discussions intended to foster international cooperation in AI development and to establish standards that could benefit global technology ecosystems. As China pushes its AI agenda, it could impact technology markets and foreign investments. This focus on AI may lead to increased interest in Chinese tech companies amid growing global demand for AI solutions.