Tag: summit

  • France, Europe attempt to flex tech muscles at Paris AI summit

    France, Europe attempt to flex tech muscles at Paris AI summit

    FRANCE – Without a doubt, this week’s artificial intelligence summit in Paris was to showcase how Europe intends to catch up with the U.S. and China, the leaders in the field. But that’s not all.

    The summit was also aimed at bringing together the major players in this new technology. But in reality, it looks more like a clash of civilizations, cultures and national priorities. In simple terms, the main players are at substantial odds with each other.

    Vice President JD Vance on Tuesday presented the keynote address at the plenary session. The Trump administration “will ensure that American AI technology continues to be the gold standard worldwide,” he said. American AI tech is “the partner of choice for others, foreign countries, and certainly businesses, as they expand their own use of AI.” The administration also wants AI to create jobs.

    HOUSE REPS UNVEIL BILL BANNING DEEPSEEK FROM US GOVERNMENT DEVICES OVER ALLEGED TIES TO CHINESE GOVERNMENT

    Avoiding “excessive regulation” and to “remain free of ideological bias [and] not be co-opted into a tool for authoritarian censorship,” are other key goals, Vance said. 

    U.S. Vice President JD Vance delivers a speech during the plenary session of the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, Feb. 11, 2025. (REUTERS/Benoit Tessier / Reuters)

    But when you contrast the different players, chasms appear.

    “The U.S. is the freewheeling innovator, prioritizing speed and market-driven growth,” Pascal Bornet, an award-winning expert and pioneer in AI and automation told FOX Business. “China is the strategic state planner, channeling national resources into AI as a matter of economic and geopolitical priority.”

    However, it is well known that authoritarian China doesn’t embrace free speech and essentially does use censorship when it feels it’s necessary. 

    Bornet epitomizes Europe as “the careful regulator, focused on creating a human-centric AI ecosystem that prioritizes ethics and individual rights.” 

    TRUMP’S AI CZAR FLAGS REPORT QUESTIONING DEEPSEEK’S COST OF DEVELOPING AI MODELS

    French President Emmanuel Macron announced the country would make investments of 109 billion euros ($112 billion) in infrastructure, and to make France a strategic AI power. That will include the creation of data centers and the largest supercomputer in Europe and a one-gigawatt campus. The latter being a 50-billion-euro France-UAE joint effort.

    Still, France and much of Europe remains behind the eight ball when it comes to innovation.

    “Europe needs to be more aggressive in its research and deployment,” Nuria Oliver, director of ethical AI company ELLIS Alicante in Spain told FOX Business. That’s what Macron is attempting to do with the epic announcement at the summit.

    French President Emmanuel Macron announced the country would make investments of 109 billion euros ($112 billion) in infrastructure, and to make France a strategic AI power. (TERESA SUAREZ/POOL/AFP via Getty Images / Getty Images)

    However, the culture in many European countries is to avoid risk-taking, Oliver said. 

    “In the southern part of Europe, taking risks is de-incentivized,” she said. Basically, the failure in those countries has high social and financial penalties. But she noted that there’s more risk-taking in the Nordic countries such as Finland and Sweden.

    Contrast that anti-risk approach with America embracing it. “The U.S. has attractive bankruptcy laws, Oliver said. “That is not the case in some other countries and that creates a barrier.”

    That barrier also helps explain why there are zero mega-sized consumer tech companies in Europe. The big ones are all based in either the U.S. or China, and include Apple, Google, Amazon, Meta, Alibaba, Baidu and Tencent. 

    Bornet said Europe is “seriously behind,” and that not one of the top 25 AI research institutions is in Europe, and Europe holds 786 AI-related patents compared to almost 16,000 in the U.S.

    “China is the strategic state planner, channeling national resources into AI as a matter of economic and geopolitical priority,” said Pascal Bornet. (Photo credit: GREG BAKER/AFP via Getty Images / Getty Images)

    Sweden, Finland and the U.K. all have a tech sector, but it’s limited, Raj Venkatesan, a professor at the Darden Graduate School of Business and an AI expert, told FOX Business. “They don’t have a global platform,” he said. “The U.S. and China have a global presence.”

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    Nevertheless, Bornet sees one of Europeans’ soft spots as a possible winner. “By being the global standard-setter for ethical AI through rigorous regulations, they could attract companies and users who value trust and transparency,” he said. “It’s a long shot, but potentially a brilliant one.”

  • Egypt planning ’emergency’ Arab summit on Palestinian territory as Trump insists US ‘own’ Gaza

    Egypt planning ’emergency’ Arab summit on Palestinian territory as Trump insists US ‘own’ Gaza

    Egypt announced on Sunday it will host a summit of Arab leaders on Feb. 27 to discuss the future of the Gaza Strip after President Donald Trump signaled he wants the U.S. to own it. 

    Trump’s stunning declaration, made last week after meeting with Israeli Prime Minister Benjamin Netanyahu and reiterated over the weekend, rankled key U.S. allies in the Middle East, including Egypt, Saudi Arabia and Jordan. 

    Egypt’s foreign ministry said the meeting in Cairo would include discussions on “the state of Palestine that asked to hold the summit in order to discuss new and dangerous developments for the Palestinian cause.”

    Gaza’s Arab neighbors also dismissed Trump’s calls for them to take in the 1.8 million Palestinians still living in the Strip. 

    TRUMP’S GAZA ‘TAKEOVER’ RANKLES AMERICA FIRST CONSERVATIVES, ALLIES SUGGEST NEGOTIATOR-IN-CHIEF IS AT WORK

    President Donald Trump, right, suggested U.S. owning Gaza after meeting with Israeli Prime Minister Benjamin Netanyahu. (REUTERS/Elizabeth Frantz)

    While many of Trump’s allies surmised the bold suggestion was a negotiating tactic, Trump reasserted to reporters Sunday night as he was leaving the Super Bowl that he was committed to “buying and owning” Gaza. 

    “I’m committed to buying and owning Gaza. As far as us rebuilding it, we may give it to other states in the Middle East to build sections of it. Other people may do it through our auspices. But we’re committed to owning it, taking it, and making sure that Hamas doesn’t move back,” he said. 

    “There’s nothing to move back in to. The place is a demolition site… The remainder will be demolished,” he added. “But we’ll make it into a very good site for future development by somebody.”

    The ceasefire between Israel and Hamas, agreed to in January and partially brokered by Trump’s team, calls for a three- to five-year reconstruction phase, but Trump officials now insist it will take more like 10 to 15 years to rebuild the 139-square-mile territory that has been leveled by Israel’s offensive against Hamas.

    Trump insisted Palestinians do not want to go back to Gaza.

    “We’re going to make sure they live beautifully and in harmony and peace and that they’re not murdered,” he said. “They don’t want to go back to Gaza. They only go back because they have no alternative.”

    TRUMP REMAINS COMMITTED TO US OWNING GAZA, SAYS MIDDLE EAST STATES COULD HELP REBUILD WAR-TORN AREA

    Palestinians asses the damage following an Israeli strike

    “There’s nothing to move back into. The place is a demolition site,” President Donald Trump said of Gaza. (EYAD BABA/AFP via Getty Images)

    Jordan’s King Abdullah II is due to meet with Trump at the White House on Tuesday, and Trump is expected to hold talks with Egyptian President Abdul Fattah al-Sisi and Saudi Crown Prince Mohammed bin Salman in the coming days.

    The Palestinian terror group Hamas on Sunday called Trump’s latest comments “absurd.” 

    “Gaza is not a property that can be bought and sold, and it is an integral part of our occupied Palestinian land,” Izzat al-Risheq, a member of the Hamas political bureau, wrote on Telegram. 

    “Dealing with the Palestinian issue with the mentality of a real estate dealer is a recipe for failure,” al-Risheq added.

    ARAB AMERICANS FOR TRUMP GROUP CHANGES NAME AFTER PRESIDENT’S GAZA TAKEOVER PROPOSAL

    “Our Palestinian people will thwart all displacement and deportation plans. Gaza belongs to its people.”

    Also on Sunday, Israel began withdrawing from the Netzarim corridor in Gaza as Palestinians return to their homes there – both sides honoring a tenuous ceasefire that is expected to return home Israel’s remaining hostages. 

    Hamas gathers in a show of strength during a parade by the terror group in Gaza on January 25th, 2025

    President Donald Trump promised that the U.S. would keep Hamas, pictured above, out of Gaza. (TPS-IL)

    However, negotiations for the mid- and long-term future are ongoing. Hamas wants all Israeli troops out of Gaza, while Israel wants Hamas eliminated. 

    Last week, White House national security adviser Mike Waltz suggested Trump’s comments would turn up the heat on the Middle East to find its own solutions. 

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    “I think it’s going to bring the entire region to come with their own solutions,” Waltz mused about the comments on CBS on Wednesday.

    Waltz went on, adding, “He’s not seeing any realistic solutions on how those miles and miles and miles of debris are going to be clear, how those essentially unexploded bombs are going to be removed, how these people are physically going to live there for at least a decade, if not longer, it’s going to take to do this.” 

  • Marco Rubio calls out South Africa, refuses to attend G-20 summit

    Marco Rubio calls out South Africa, refuses to attend G-20 summit

    Secretary of State Marco Rubio is refusing to attend the Group of 20 (G-20) summit in Johannesburg this year, in protest of the South African government’s controversial land seizure bill.

    The bill, which was signed last week, permits South African authorities to expropriate land “for a public purpose or in the public interest,” promising “just and equitable compensation” to those impacted by the bill. Although the majority of South African citizens are Black, most landowners are White — and this disparity has been a topic in South Africa for years.

    The law also allows expropriation of land without compensation, but only in circumstances where it is “just and equitable and in the public interest.”

    The G-20 summit is scheduled to kick off on Nov. 22 — but in a social media post on Wednesday, Rubio wrote definitively that he “will NOT” be there.

    US FOREIGN AID IS SUPPOSED TO SERVE AMERICAN INTERESTS, SAYS MARC THIESSEN

    Marco Rubio is refusing to go to South Africa for G-20. (iStock / Getty)

    “South Africa is doing very bad things,” Rubio’s X post read. “Expropriating private property. Using G20 to promote ‘solidarity, equality, & sustainability.’”

    “In other words: DEI and climate change,” the Republican added. “My job is to advance America’s national interests, not waste taxpayer money or coddle anti-Americanism.”

    President Donald Trump‘s administration has been vocally critical of the land seizure bill. In a Truth Social post, Trump called the situation a “massive Human Rights VIOLATION, at a minimum.”

    RUBIO HEADS TO PANAMA, LATIN AMERICA TO PURSUE TRUMP’S ‘GOLDEN AGE’ AGENDA

    Marco Rubio

    Secretary of State Marco Rubio boards a plane en route to El Salvador at Panama Pacifico International Airport in Panama City on Monday. Rubio is in Panama on a two-day official visit.  (Mark Schiefelbein/Pool AP/AFP via Getty Images)

    “It is a bad situation that the Radical Left Media doesn’t want to so much as mention,” Trump wrote in a post. “The United States won’t stand for it, we will act. Also, I will be cutting off all future funding to South Africa until a full investigation of this situation has been completed!”

    The South African government has coolly responded to the Trump administration’s accusations, denying that any unjust confiscation has occurred.

    “We look forward to engaging with the Trump administration over our land reform policy and issues of bilateral interest,” South African President Cyril Ramaphosa said in a statement. “We are certain that out of those engagements, we will share a better and common understanding over these matters”.

    In an interview with Fox News Digital, South African analyst Frans Cronje proposed that Trump alluded to the ongoing killing of farmers in South Africa when he talked about certain classes of people being treated “very badly.” The attacks have been perpetuated against both White and Black farmers.

    split photo of Ramaphosa, trump

    South African President Cyril Ramaphosa, left, and President Donald Trump, who has criticized the country’s new land laws. (Evan Vucci/AP/Rajesh Jantilal/AFP via Getty Images)

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    “President Trump’s recent comments on land seizures in South Africa cannot be divorced from his past comments on violent attacks directed at the country’s farmers,” Cronje said. “Whilst these comments have often been dismissed as false, the latest South African data suggests that the country’s commercial farmers are six times more likely to be violently attacked in their homes than is the case for the general population.” 

    Fox News Digital’s Paul Tisley contributed to this report.

  • JD Vance to attend AI summit in Paris, French official says

    JD Vance to attend AI summit in Paris, French official says

    • Vice President JD Vance will attend a two-day summit on artificial intelligence in Paris next week, a French official said Tuesday.
    • The AI conference will be Vance’s first scheduled trip abroad since taking office.
    • Vance’s trip comes after President Donald Trump last month spoke about Stargate, a joint venture investing up to $500 billion in infrastructure tied to AI.

    U.S. Vice President JD Vance will attend a two-day high-level summit focusing on artificial intelligence in Paris next week, his first scheduled trip abroad since taking office, a French diplomatic official said Tuesday.

    The AI Action Summit on Feb. 10-11 will gather heads of state and top government officials, CEOs and other actors involved in the tech sector, which has been shaken up by galloping advances.

    Vance has not made any official foreign trips since his inauguration last month. The White House had no immediate comment.

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    The French diplomatic official spoke on condition of anonymity as the list of top attendees has not been made official yet.

    Vice President JD Vance will attend an AI summit in Paris, France, a French official said anonymously. (AP Photo/Alex Brandon)

    China’s Vice Premier Ding Xuexiang is among those expected to attend the summit, which will be co-presided over by French President Emmanuel Macron and Indian Prime Minister Narendra Modi.

    The summit will take place at the Grand Palais, last year’s Olympic venue for the fencing and taekwondo competitions. A dinner with top officials and CEOs is also scheduled at the Elysee presidential palace.

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    Vance’s trip comes after U.S. President Donald Trump last month talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership of OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House.

    Meanwhile, Chinese AI model DeepSeek’s emergence has shaken up the tech sector, offering companies access to the technology at a fraction of the previous cost and providing the potential to push other AI companies to improve their models and bring down prices.

    Vance in the past has acknowledged some harmful AI applications, but said at a July Senate hearing that he worries that concern is justifying “some preemptive overregulation attempts that would frankly entrench the tech incumbents that we already have.”