No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 24, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

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

by TheAdviserMagazine
2 hours ago
in Markets
Reading Time: 2 mins read
A A
U.S., other nations back open-source AI with ‘strong security’ at China summit
Share on FacebookShare on TwitterShare on LInkedIn


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.



Source link

Tags: ChinaNationsOpenSourceSecuritystrongSummitU.S
ShareTweetShare
Previous Post

NSE cash market turnover hits 23-month high in June

Next Post

Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

Related Posts

edit post
AtriCure Releases Q2 2026 Financial Results

AtriCure Releases Q2 2026 Financial Results

by TheAdviserMagazine
July 23, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence ATRC|EPS $0.18 vs $0.02 est (+800.0%)|Rev $153.6M vs $151.8M est (+1.2%)|Net Income $9.0M AtriCure,...

edit post
As the S&P 500 sells off, traders eye key ‘risk pivot’ level

As the S&P 500 sells off, traders eye key ‘risk pivot’ level

by TheAdviserMagazine
July 23, 2026
0

Crude oil is rallying, bonds are selling off, and the stock market is under pressure. Investors sold Big Tech stocks...

edit post
Florida Residents Face Massive Gap in Rental Affordability

Florida Residents Face Massive Gap in Rental Affordability

by TheAdviserMagazine
July 23, 2026
0

Rental homes are out of reach for “millions” of low-wage workers — in Florida alone, you’d have to work 91...

edit post
Fed rate decision: Odds surge for hike as oil rips higher

Fed rate decision: Odds surge for hike as oil rips higher

by TheAdviserMagazine
July 23, 2026
0

A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC)...

edit post
Chart of the Week: Robotaxis Are Becoming Routine

Chart of the Week: Robotaxis Are Becoming Routine

by TheAdviserMagazine
July 23, 2026
0

One of the hardest things about covering emerging technologies is recognizing when they transition from promising to practical. It doesn’t...

edit post
4 Ways To Catch Breakout Trades EARLY

4 Ways To Catch Breakout Trades EARLY

by TheAdviserMagazine
July 23, 2026
0

I used to think I had to time breakout trades perfectly. But it’s easier than that. The best breakouts I’ve...

Next Post
edit post
Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

Singapore's millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

  • Trending
  • Comments
  • Latest
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
The Ritz-Carlton Dallas, Las Colinas, Review

The Ritz-Carlton Dallas, Las Colinas, Review

0
edit post
Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

0
edit post
B2B Marketing Has A Purpose Problem

B2B Marketing Has A Purpose Problem

0
edit post
How 2 CEOs hung on to help — not haunt — an RIA’s succession plan

How 2 CEOs hung on to help — not haunt — an RIA’s succession plan

0
edit post
Trump links nuclear deal to Saudis joining Abraham Accords

Trump links nuclear deal to Saudis joining Abraham Accords

0
edit post
A Competitive Corporate Tax Code is Key to Sustaining Strong Economic Growth

A Competitive Corporate Tax Code is Key to Sustaining Strong Economic Growth

0
edit post
Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying

July 23, 2026
edit post
U.S., other nations back open-source AI with ‘strong security’ at China summit

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

July 23, 2026
edit post
NSE cash market turnover hits 23-month high in June

NSE cash market turnover hits 23-month high in June

July 23, 2026
edit post
Money and the price of indecision

Money and the price of indecision

July 23, 2026
edit post
Nokia outlines Q3 net sales growth of 3%-7% as it plans AI-RAN pilots by end of 2026 (NYSE:NOK)

Nokia outlines Q3 net sales growth of 3%-7% as it plans AI-RAN pilots by end of 2026 (NYSE:NOK)

July 23, 2026
edit post
AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agent

AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agent

July 23, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Singapore’s millionaire density hit 1 in 6 households — and the mental health data is telling a very different story about what that wealth is buying
  • U.S., other nations back open-source AI with ‘strong security’ at China summit
  • NSE cash market turnover hits 23-month high in June
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.