World leaders were set to hold formal talks in Paris on Tuesday on artificial intelligence (AI), seeking elusive common ground on a technology subject to a global race for promised economic benefits.

Hosted by French President Emmanuel Macron and Indian Prime Minister Narendra Modi, the gathering comes hours after Elon Musk reportedly put in a bid for star developer OpenAI, underscoring AI's potential to gather power into a single pair of hands.

Attempts to reach global agreement may also frustrate major powers such as the United States and China, which have their own geopolitical tech priorities.

Media reports suggest that neither Britain nor the US -- two leading countries for AI development -- will sign a planned joint declaration as it stands.

"Good AI governance" requires "clear rules that foster the acceptance of AI technologies", German Chancellor Olaf Scholz was to tell counterparts, according to a draft of his speech seen by AFP.

Tech and political leaders will give speeches in a plenary session starting at 10:00 am (0900 GMT).

Among them will be US Vice President JD Vance, Chinese Vice Premier........

© International Business Times