China Unveils Revolutionary Guidelines For AI Industry Standards – Crypto News – Crypto News
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China Unveils Revolutionary Guidelines For AI Industry Standards – Crypto News

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As the global race for AI development paces each day, countries across the globe gradually advance in fostering apt guidelines to oversee the usage of AI. Aligning with this, China, one of the most populous countries globally, recently issued a draft containing guidelines for standardizing the AI industry within the nation.

The country’s industry ministry appears to have issued a statement orbiting AI standardization on Wednesday, nabbing significant attention globally. Meanwhile, following the AI regulation pioneer U.S., China, mirroring the saga, has embarked on a venture to refine the usage of AI within the nation.

A Closer Look Into The Report

According to the statement issued by China’s Ministry of Industry on its website on January 17, the guidelines aim to facilitate over 50 national and industry-wide standards for utilizing AI by 2026. This statement appears to have curated a sense of frenzy across the Chinese AI landscape, attracting AI-related firms to function seamlessly within the nation.

Notably, the statement further claimed that the nation is all set to participate in empowering over 20 international standards orbiting AI by 2026, birthing additional optimism for the nation’s stance on artificial intelligence.

Moreover, the draft guidelines for AI standardization primarily aim to capitalize on the initial chances emerging in the AI industry’s evolution, as the ministry’s statement spotlighted. Meanwhile, the ministry also proclaimed that 60 percent of these prospective standards should be zeroed in towards aiding “general vital technologies and application development projects.”

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China Joins The Global AI-Race

The Chinese Ministry’s statement emerged at a time when the U.S. and Europe are already pioneering the AI-regulation realm. This appears to come as China’s effort to catch up with the U.S. and Europe, with hopes to level up the nation’s stance on AI.

According to a recent report by CoinGape Media, Biden recently propelled AI standards development within the U.S. Also, as per another report, the European Union (EU) scaled new heights following a provisional deal orbiting the supervision of AI.

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