China's Xi, At Brics Summit Said We Should Further Expand Artificial Intelligence Cooperation, Constantly Improve Safety, Reliability, Availability And Fairness Of AI Tech
Portfolio Pulse from Charles Gross
China's President Xi Jinping, at the BRICS summit, has called for further expansion of cooperation in artificial intelligence. He emphasized the need to improve the safety, reliability, availability, and fairness of AI technology.
August 23, 2023 | 10:30 am
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The call for expanded AI cooperation by China's President at the BRICS summit may indirectly impact the iShares China Large-Cap ETF (FXI).
As FXI tracks the performance of large-cap Chinese companies, a push for expanded AI cooperation could potentially benefit these companies, especially those involved in AI. This could indirectly lead to a positive impact on FXI.
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