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G7 Calls for Adoption of International Technical Standards For AI

File photo: Digital and technology ministers attend a photo session during the G7 Digital and Tech Ministers' Meeting in Takasaki, Gunma Prefecture, Japan, on April 29, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS
File photo: Digital and technology ministers attend a photo session during the G7 Digital and Tech Ministers' Meeting in Takasaki, Gunma Prefecture, Japan, on April 29, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS
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G7 Calls for Adoption of International Technical Standards For AI

File photo: Digital and technology ministers attend a photo session during the G7 Digital and Tech Ministers' Meeting in Takasaki, Gunma Prefecture, Japan, on April 29, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS
File photo: Digital and technology ministers attend a photo session during the G7 Digital and Tech Ministers' Meeting in Takasaki, Gunma Prefecture, Japan, on April 29, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS

Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of international technical standards for trustworthy artificial intelligence (AI) as lawmakers of the rich countries focus on the new technology.
While the G7 leaders, meeting in Hiroshima, Japan, recognised that the approaches to achieving "the common vision and goal of trustworthy AI may vary", they said in a statement that "the governance of the digital economy should continue to be updated in line with our shared democratic values", Reuters reported.
Generative AI, the subset of AI popularized by the ChatGPT app, found special mention as the G7 leaders said they "need to immediately take stock of the opportunities and challenges of generative AI."

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Nations Building Their Own AI Models Add to Nvidia's Growing Chip Demand

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration, taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration, taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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Nations Building Their Own AI Models Add to Nvidia's Growing Chip Demand

FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration, taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration, taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Nations building artificial intelligence models in their own languages are turning to Nvidia's chips, adding to already booming demand as generative AI takes center stage for businesses and governments, a senior executive said on Wednesday.
Nvidia's third-quarter forecast for rising sales of its chips that power AI technology such as OpenAI's ChatGPT failed to meet investors' towering expectations. But the company described new customers coming from around the world, including governments that are now seeking their own AI models and the hardware to support them, Reuters said.
Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue in the financial year ending in January 2025, Chief Financial Officer Colette Kress said on a call with analysts after Nvidia's earnings report.
That's up from an earlier forecast of such sales contributing high single-digit billions to total revenue. Nvidia forecast about $32.5 billion in total revenue in the third quarter ending in October.
"Countries around the world (desire) to have their own generative AI that would be able to incorporate their own language, incorporate their own culture, incorporate their own data in that country," Kress said, describing AI expertise and infrastructure as "national imperatives."
She offered the example of Japan's National Institute of Advanced Industrial Science and Technology, which is building an AI supercomputer featuring thousands of Nvidia H200 graphics processors.
Governments are also turning to AI as a measure to strengthen national security.
"AI models are trained on data and for political entities -particularly nations - their data are secret and their models need to be customized to their unique political, economic, cultural, and scientific needs," said IDC computing semiconductors analyst Shane Rau.
"Therefore, they need to have their own AI models and a custom underlying arrangement of hardware and software."
Washington tightened its controls on exports of cutting-edge chips to China in 2023 as it sought to prevent breakthroughs in AI that would aid China's military, hampering Nvidia's sales in the region.
Businesses have been working to tap into government pushes to build AI platforms in regional languages.
IBM said in May that Saudi Arabia's Data and Artificial Intelligence Authority would train its "ALLaM" Arabic language model using the company's AI platform Watsonx.
Nations that want to create their own AI models can drive growth opportunities for Nvidia's GPUs, on top of the significant investments in the company's hardware from large cloud providers like Microsoft, said Bob O'Donnell, chief analyst at TECHnalysis Research.