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🔆 Paris AI Action Summit: The Crème de la Crème
Our main takeaways from a buzzing Paris, Musk's bid on OpenAI and €€€ investments in AI
Allegra Guinan & Emma G Moller
February 13, 2025
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🗞️ Issue 57 // ⏱️ Read Time: 7 min
Hello 👋
We have been spending this past week in Paris, France. So did all leaders relevant to the field of Artificial Intelligence. And no, they were not there to meet with team Lumiera – they were there for the AI Action Summit where heads of State and Government, leaders of international organizations, CEOs of small and large companies, representatives of academia, non-governmental organizations, artists and members of civil society met to discuss the future of Artificial Intelligence.
As you can imagine, these days have been quite eventful. What are our takeaways?
In this week's newsletter
What we’re talking about: The shifting dynamics of global AI governance revealed at the Paris AI Action Summit, where conversations moved from theoretical safety concerns to practical implementation, massive investments, and new governance frameworks.
How it’s relevant: These developments signal a maturing AI landscape where stakeholders are moving beyond initial safety concerns to tackle complex challenges of implementation, inclusion, and responsible development – all while navigating different regional approaches and massive new investments.
Why it matters: The decisions and frameworks emerging from this summit will shape not just how AI is developed and deployed, but who gets to participate in its development and benefit from its advances. For business leaders and policymakers, understanding these shifts is crucial for navigating the evolving landscape of AI governance and investment.
Big tech news of the week…
🤑 European Commission President Ursula von der Leyen launched InvestAI, an initiative to mobilize €200 billion for investment in AI. “We want AI to be a force for good and for growth. We are doing this through our own European approach – based on openness, cooperation, and excellent talent.”
🌍 US Vice President JD Vance critiqued European regulatory approaches to AI, warning that excessive regulation could stifle this potential revolution before it fully materializes. The Trump administration notably declined to sign a global pledge to promote responsible AI development. So did the UK.
💰️ A group of investors led by Elon Musk announced a bid to buy OpenAI for $97.4 billion. Sam Altman, CEO of OpenAI, dismissed this unsolicited offer: “No thank you but we will buy Twitter for $9.74 billion if you want.” The bid creates friction as it comes at a time when OpenAI is under pressure to shift to a full for-profit structure. Watch this video with OpenAI Chairman Bret Taylor for more info.
🧠 Microsoft and Carnegie Mellon University researchers recently uncovered that increased reliance on AI tools may lead to a decline in cognitive abilities and independent problem-solving. Researchers and developers are exploring ways to design AI systems that guide users through complex problem-solving processes rather than simply providing answers.
Intro: What’s Our Take?
So, the main AI event of the year just took place in Paris, co-chaired by France 🇫🇷 and India. 🇮🇳 This Summit is the third of its kind, with previous editions (the AI Safety Summit) being held in London, the UK 🇬🇧 and Seoul, South Korea. 🇰🇷
Summarising a big summit like this in one single newsletter seems challenging, doesn’t it? So, to be honest, we won't. Instead, we are sticking to some of the things that caught our attention and that reflects the vibe of a week filled with different perspectives on AI.
Team Lumiera in the Palais-Royal Gardens, at your service!
Continue reading to understand the shift in dynamic in this summit compared to the previous ones, learning about the AI investments and initiatives that launched during the event, and creating governance structures that works.