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00:02The U.S. urged G20 members to limit new AI regulation as officials and technology
00:08leaders gathered in North Carolina, according to Reuters. U.S. tech advisor Michael Kratzios
00:13promoted the Carolina Principles, which call for countries to avoid creating entirely new
00:19AI regulations and instead focus on novel situations involving the technology.
00:25China signed the Principles, according to Kratzios. He did not provide a copy,
00:29and the Chinese embassy did not immediately comment. Meta CEO Mark Zuckerberg urged countries
00:36not to restrict open-weight AI models, as Meta seeks to position itself as a leader in the
00:41technology. CEO Elon Musk criticized EU tech regulations for inhibiting progress and urged
00:48countries outside China to develop new energy sources to power data centers. Google DeepMind,
00:53CEO Demis Hassabis, called for safety tests for AI systems. The meeting comes as the U.S. seeks to
01:00other countries within the American technology ecosystem amid growing competition from Chinese
01:06AI models. For all things money, visit Benzinga.com.