India on Friday became a member of the Pax Silica, an international strategic alliance led by the United States that was established this year to protect global supply chains for semiconductors and artificial intelligence while lowering reliance on non-aligned countries.
In order to build a secure and robust global tech ecosystem, this will improve bilateral ties in sectors like the extraction of vital minerals and the quickly developing field of artificial intelligence.
On the final day of the India AI Impact Summit, which brought together over 600 AI-related start-ups and gathered leaders, innovators, and policymakers over five days, the agreement was inked.
"India is trusted by the world because we have a big pool of talented people and implement foreign policy in a way that fosters trust. Pax Silica was inked today as part of that, which is significant for chip design, production, and the supply chain for semiconductors, according to Union IT Minister Ashwini Vaishnaw.
According to Vaishnaw, India's semiconductor and electronics industries will profit immensely from signing this agreement.The first semiconductor facility will soon start commercial production, and ten factories have already been created. In light of this, India is now designing the most cutting-edge two-nanometer processors. In India, a whole ecosystem is developing, and pax silica will be essential to this," he stated.
US Ambassador Sergio Gor also made the following statement during the signing ceremony: "We welcome India. Pax Silica is about a free society. It is about whether innovation occurs in Bengaluru or in surveillance states, where they utilize technology to monitor and control their citizens. Freedom, collaboration, and strength are what we choose. And we decide to prevail now that India has joined Pax Silica."
As one of several prominent attendees at the AI conference in Delhi, Google CEO Sundar Pichai emphasized the importance of the India-US collaboration in ensuring that everyone can benefit from AI. He declared that Google is "figuratively and literally" proud to serve as the bridge connecting the countries.
"We have teams in both nations collaborating seamlessly on some of our most significant projects and inventions, such as Google Pay, which originate in India. I think India will have a remarkable AI trajectory, and we are fully committing to supporting it."
The Pax Silica pact was signed after the United States and India reached a temporary trade accord last month that aimed to lower tariffs and relax import/export regulations.
Gor stated that Delhi and Washington had ample opportunity to collaborate, and he intends to further this collaboration, alluding to the signing of that agreement.
"We reached an interim trade agreement earlier this month, which will influence the Indo-Pacific region's economic landscape. We conquered obstacles that prevented us from moving forward for too long. Tariff schedules and trade flows were not the only topics of that accord. "We will build together, not just buy from one another," he declared, referring to the two great democracies.
Pax Silica: What is it?
In order for trusted nations to develop AI and technological systems for the future, Pax Silica seeks to establish a common strategy. The project encompasses every stage of the technological supply chain, from high-tech manufacturing and AI models to energy and essential minerals.Australia, Greece, Israel, Japan, Qatar, South Korea, Singapore, the United Arab Emirates, and the United Kingdom are among the countries that are members of Pax Silica in addition to the United States.
The long-term objective is to strengthen ties between these nations so they can take advantage of the emerging AI-driven economy and realize the full economic potential of artificial intelligence.AI as a force for transformation
The declaration states: "We recognise that the technological revolution in AI is accelerating, increasingly reorganising the world economy, and reshaping global supply chains."
In order to power AI systems and computers, key minerals, high-tech manufacturing and hardware, such as chips and electronics, infrastructure, and new markets that support AI in ways not yet imagined, the AI revolution is producing a historic demand for energy.
Reducing coercive dependencies is one of Pax Silica's main goals.
This implies that nations can avoid pressure or manipulation in international trade and shouldn't rely too heavily on one nation for resources, technology, or goods.
Another is to concentrate on creating a reliable digital infrastructure and making sure that cutting-edge technology are secure against theft and abuse.