Tuesday, 02 January 2024 12:17 GMT

US forms coalition to secure AI, critical mineral supply chains


(MENAFN) The United States is establishing a coalition aimed at creating a secure, innovation-driven silicon supply chain, encompassing critical minerals, energy, advanced manufacturing, semiconductors, artificial intelligence (AI) infrastructure, and logistics, according to the State Department.

The initiative, named “Pax Silica,” will officially launch with the signing of the Pax Silica Declaration on Friday. The signing ceremony will bring together Under Secretary of State for Economic Affairs Jacob Helberg and representatives from Japan, Israel, Australia, Singapore, and South Korea. Additional countries are expected to join the agreement over time.

The State Department said the declaration advances President Donald Trump’s vision for a “new era of economic statecraft that produces peace and security for America and its allies through the power of private investment, free enterprise and economics.”

Later on the same day, the first Pax Silica Summit will convene, with participants from the US, Japan, South Korea, Singapore, the Netherlands, Israel, Australia, the United Arab Emirates, Canada, and the European Union. The summit will focus on operationalizing commitments and identifying infrastructure projects to strengthen the coalition.

The initiative reflects Washington’s efforts to secure its position in the global AI sector, enhance supply-chain resilience for critical minerals, and counter China’s growing influence amid escalating strategic competition. Helberg has instructed US missions worldwide to begin implementing summit commitments and identify projects that support the coalition’s objectives.

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