America has taken action!

According to the latest news, the US is preparing to establish a new AI security committee. Executives from tech giants such as OpenAI founder Sam Ultrman, Nvidia CEO Huang Renxun, and Microsoft CEO Nadella will join.

US Secretary of Homeland Security Mayocas said that embedding artificial intelligence technology into the country's water supply facilities, transportation systems, and banks provides “huge opportunities” to improve services to benefit the daily lives of Americans, but it also poses significant risks.

It is worth noting that as of the close of the US stock market early this morning, Beijing time, Nvidia closed at 877.35 US dollars/share, a sharp increase of 6.18%. Google surged more than 10% to close at 171.95 US dollars/share, with a total market capitalization of 2 trillion US dollars for the first time.

“AI Safety Committee”

According to the Wall Street Journal, tech giant executives such as Nvidia CEO Huang Renxun, OpenAI CEO Sam Ultrman, Microsoft CEO Nadella, and Google parent company Alphabet CEO Pichay will join a new US Federal Advisory Committee, the AI Security Council. The committee's work focuses on the safe use of artificial intelligence in critical US infrastructure.

According to reports, the committee will work with the US Department of Homeland Security to develop recommendations for power grid operators, transportation service providers, and manufacturing plants on how to protect their systems from potential damage while using AI. US officials said that the AI Safety and Security Council is part of the US government's push to protect the economy, public health, and important industries from AI threats. The establishment of the committee marks the US government's positive attitude and firm determination in the field of artificial intelligence security.

According to reports, the committee will be composed of nearly 20 members. The panellists will also include government officials, academics, civil rights leaders, and key infrastructure industry executives. In addition to Wong In-hoon, Sam Ultraman, Nadella, and Pichay, they also include Kathy Warden, CEO of Northrop Grumman, and Ed Bastian, CEO of Delta Airlines. Other members are public officials, such as Maryland Governor Wes Moore and Seattle Mayor Bruce Harrell, who are all Democrats.

US national security officials have long warned of breaches in the country's critical infrastructure, including potential physical attacks, cyber intrusions, and accidents. While artificial intelligence can improve the efficiency and safety of fuel pipelines, communication networks, aviation, and hospitals, it can also create unexpected problems.

US Secretary of Homeland Security Mayocas said in an interview that embedding artificial intelligence technology into the country's water supply facilities, transportation systems, and banks provides “huge opportunities” to improve services to benefit the daily lives of Americans, but it also poses significant risks.

Mayocas said, “In terms of critical infrastructure, failure to deploy artificial intelligence in a safe, reliable, and responsible manner could have devastating consequences.” Potential uses of artificial intelligence in critical infrastructure areas include automating tasks in factories (often done by humans), helping doctors diagnose patients, and detecting anomalies in power facilities.

On October 30 of last year, US President Joe Biden signed an executive order setting new standards for artificial intelligence security. According to US media, this is the first major binding action taken by the Biden administration on artificial intelligence technology.

This executive order requires that developers of America's strongest artificial intelligence systems share their safety test results and other key information with the government; improve relevant standards and testing tools to ensure the safety and reliability of artificial intelligence systems; establish strict new synthetic biological inspection standards to prevent the risk of using artificial intelligence to design dangerous biomaterials; establish standards and best practices for detecting AI-generated content and verifying official content to help the public prevent AI-driven fraud; establish advanced cybersecurity plans and develop artificial intelligence tools to find and fix key software vulnerabilities; R&D and formulation” The “National Security Memorandum” guides further actions on artificial intelligence and security.

According to reports, the US National Institute of Standards and Technology will set strict “red team” standards for artificial intelligence. The US Department of Homeland Security will apply these standards to core infrastructure projects and establish an artificial intelligence security committee. The US Department of Energy and the Department of Homeland Security will specifically address the threat of artificial intelligence systems to critical infrastructure and the chemical, biological, radiological, nuclear, and cybersecurity risks posed by them.

Promising prospects

Some analysts pointed out that behind the strengthening of supervision is the rapid development of the artificial intelligence industry. Currently, the global AI boom is in full swing, and the industry has broad prospects.

According to data from the Chinese Academy of Information and Communications Technology, in 2023, the global artificial intelligence market revenue will reach $513.2 billion, an increase of 20.7% over the previous year. It is expected that by 2026, the market size will reach 894.1 billion US dollars, with a compound annual growth rate of 20.33%. Additionally, Gartner Consulting predicts that by 2025, 90% of global companies will use generative artificial intelligence tools such as ChatGPT, which will greatly improve production efficiency.

Bloomberg recently reported that US President Joe Biden and Japanese Prime Minister Fumio Kishida have secured support from Amazon and Nvidia to fund a new joint research project on artificial intelligence. The two countries seek enhanced collaboration in rapidly emerging AI technology. A senior US official revealed that the 50 million dollar project will be jointly implemented by the University of Washington and the University of Tsukuba. The two countries are also planning to launch a joint AI research project involving Carnegie Mellon University and Keio University.

Additionally, Microsoft announced on April 9 that it will invest 2.9 billion US dollars to strengthen the company's AI and cloud computing infrastructure in Japan. Fumio Kishida met with Microsoft President Brad Smith on the same day. The company said in a statement that it plans to open a new laboratory in Japan to focus on AI and robotics technology. Fumio Kishida urged US business executives to increase investment in emerging technologies in Japan.

In the early morning of April 26, Beijing time, Microsoft announced third-quarter revenue and profit that exceeded Wall Street's expectations, thanks to the benefits brought by the use of artificial intelligence in its cloud services. At the same time, Google also disclosed financial reports. The company's cloud business revenue, which is highly related to AI, was 9.574 billion US dollars, an increase of more than 28% over the previous year, exceeding market expectations. The latest earnings reports from these two giants show investors that investing heavily in artificial intelligence can lead to increased returns. Bank of America strategists said that the strong results announced by Microsoft and Google are expected to maintain the gains of large technology stocks.

Bloomberg quoted a source familiar with the matter as saying that Elon Musk's artificial intelligence AI startup X.AI Corp. is about to reach an agreement to raise $6 billion in a round of financing, which values the company at $18 billion. The person familiar with the matter said that investors such as Sequoia Capital will participate in this round of financing.

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