A group of world leaders and ministers are set to announce a joint position on the future direction of artificial intelligence governance on Friday, the final day of a five-day technology summit in New Delhi, according to AFP. The event, titled the 'India AI Impact Summit,' is described as the largest of its kind and the first major AI conference held in a developing country.

Ahead of the announcement, Sam Altman emphasized the urgent need for regulatory frameworks in the rapidly evolving AI sector, warning against concentration of control in a single company or nation while cautioning that excessive restrictions could hinder competition. Discussions at the summit have also focused on concerns over job losses, online harassment, and the high energy demands of data centers.

Indian Prime Minister Narendra Modi called for AI to serve the welfare of humanity, while UN Secretary-General António Guterres urged wealthy tech leaders to contribute to a $3 billion global fund to expand AI skills and affordable computing. Analysts noted that despite broad discussions, immediate strict decisions are unlikely compared to previous summits in France, South Korea, and the UK.