THE US plans to invite the Philippines to join a multinational initiative to safeguard supply chains for technology deemed vital to artificial intelligence (AI),THE US plans to invite the Philippines to join a multinational initiative to safeguard supply chains for technology deemed vital to artificial intelligence (AI),

PHL to join talks on safeguarding supply of materials considered strategic for AI dev’t

THE US plans to invite the Philippines to join a multinational initiative to safeguard supply chains for technology deemed vital to artificial intelligence (AI), a US State Department official said on Tuesday.

Undersecretary of State for Economic Growth, Energy and the Environment Jacob Helberg said Philippine involvement in the US-led Pax Silica initiative follows a number of preliminary discussions, which he described as “very positive.”

“We are very eager and look forward to engaging the Philippines on Pax Silica,” he said at a virtual briefing. 

“I plan to extend an invitation to my counterpart in the first half of next year in order to be able to resume these discussions face-to-face, and we are confident they’re going to be very fruitful exchanges,” he added.

Pax Silica was launched last week with initial partners, including Japan, Singapore, Australia and South Korea. Designed to deepen economic and technology ties among participating countries, the initiative also seeks to diversify sources and reduce risks from dependence on material suppliers.

“If the 20th century ran on oil and steel, the 21st century is going to run on computers and minerals,” said Mr. Helberg. “We’re aligning our supply chains accordingly.”

Regarding competition for materials used in advanced technology, he said, “I think everyone understands who that is,” without referring specifically to China.

“Our strategy is to create a competitive edge so steep, so insurmountable that no adversary or competitor can scale it,” said Mr. Helberg. “That’s why our goal is to make America the arsenal of AI in this century.” — Kenneth Christiane L. Basilio

Market Opportunity
PHILCOIN Logo
PHILCOIN Price(PHL)
$0,0287
$0,0287$0,0287
-%5,56
USD
PHILCOIN (PHL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.