BRICS pushes AI data rules as it remains yet to make any progress on de-dollarization

Leaders from BRICS met in Rio de Janeiro on Sunday and demanded controls on how artificial intelligence uses data, while still getting nowhere on the cross-border payments system they’ve been promising since 2015. According to Reuters , the bloc released a draft statement calling for protection against unauthorized data scraping and demanding fair compensation from tech companies training AI on unlicensed content. These demands come as AI models built by US and European firms continue to mine global content with little oversight or payment. The two-day BRICS summit included multiple closed-door meetings on AI and digital regulation. But behind that...