Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
China prepares to unseat US in fight for $4.8 trn AI mkt
Business Standard
|July 31, 2025
While humanoid robots faced off in a boxing ring at China's flagship artificial intelligence conference in Shanghai, a fight in the US-China tech war was fought in suits nearby over who gets to set the rules in the AI age.
China's answer is a new global organization to convene countries to foster safe and inclusive use of the powerful new technology. At the annual World AI Conference over the weekend, Chinese Premier Li Qiang warned of AI "monopoly" and instead called on foreign officials in the room—mostly from developing countries—to cooperate on governance.
This story is from the July 31, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
The costly politics of freebies
State debt and deficits do not capture the damage that doles inflict on the quality of public spending
4 mins
June 11, 2026
Business Standard
Claims, deductibles: How to read a health insurance policy document
For many, a health insurance policy document is something they download and forget about until there is a medical emergency. And when that moment comes, the mix of technical terms, conditions and fine print can feel overwhelming.
1 min
June 11, 2026
Business Standard
World's first AI-designed vaccine to battle all animal-to-human viruses
Researchers at the University of Cambridge have developed what they describe as a fundamentally new type of vaccine using artificial intelligence (AI).
3 mins
June 11, 2026
Business Standard
Bank loans to Reits and Invits to be based on asset cashflow record: RBI
FINAL NORMS COME INTO EFFECT FROM OCTOBER 1
2 mins
June 11, 2026
Business Standard
DII inflows hit a peak at ₹4.3 trn in first half of '26
Cushion impact of unprecedented FPI outflows
2 mins
June 11, 2026
Business Standard
Stamp of modernity: India Post aims to go from logistics to hangout hub
Your swanky coworking space, in the not too distant future, could well be the neighbourhood post office — the one you thought was good for only selling stamps.
3 mins
June 11, 2026
Business Standard
Up, close & personal amid liability shift
From GST and Fema to insolvency and money-laundering cases, regulators are increasingly holding executives and directors personally responsible, even as courts insist liability cannot rest on designation alone
8 mins
June 11, 2026
Business Standard
Dollar draw: Banks raise their FCNR (B) deposit rates sharply
A number of domestic banks, including State Bank of India (SBI), HDFC Bank, Central Bank of India, have raised the interest rates on Foreign Currency Non-Resident (Bank) or FCNR (B) deposits by over 250 basis points (bps).
3 mins
June 11, 2026
Business Standard
Centre’s food subsidy bill may rise to ₹2.5 trn in FY27
AMID HIGHER MSP, ROBUST PROCUREMENT
2 mins
June 11, 2026
Business Standard
Beyond Zaynich: Wockhardt bets on WCK 6777 as next blockbuster jab
Once-a-day injectable antibiotic aimed at treatment beyond hospitals through outpatient centres
1 mins
June 11, 2026
Listen
Translate
Change font size