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U.S. President Joe Biden and U.K. Prime Minister Rishi Sunak announced the "Atlantic Declaration," a deal pledging their economic cooperation in areas like climate change, critical EV minerals, and AI.
The wide-ranging pact aims to foster tech advancements, enhance supply chains, and invest in industries as a response to China and Russia's threats.
The deal, announced Thursday, comes after Biden and Sunak met at the White House.
- It is focused on reducing trade barriers and strengthening defense ties, taking a more targeted approach instead of announcing a comprehensive trade deal.
- They have also forged a civil nuclear partnership to support clean energy efforts and reduce dependence on Russian fuel.
AI mentions:
- Sunak and Biden have agreed to work together on AI safety.
- During a press conference on the deal, Biden called AI's potential "staggering," saying Britain will "help lead a way through this."
- Sunak stressed the need for world governments to address AI with the same urgency as climate change, though he didn't share specific plans to tackle the issue.
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In the fall, the U.K. will host an international AI summit for "like-minded allies" to shape future AI regulations, helping to ensure its development is safe and avoids unacceptable risks. China will not be
included.
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