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AI is developing at an unprecedented scale and speed and being adapted and deployed even faster. There is also a deep interdependence across borders. Therefore, there is a need for collective global efforts to establish governance and standards that upload our shared values, address risks, and build trust. But governance is not just about managing rifts and rivalries. It is also about promoting innovation and deploying it for the global good. So we must think deeply and discuss openly about innovation and governance.

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