BRICS Bloc Pushes AI Governance and Startup Fund Across Global South

13 Sept 2026, 7:38 pm · 3d ago · 1 min read · Business Standard

At the recent summit, the BRICS alliance committed to establishing joint frameworks for artificial intelligence governance alongside a dedicated startup fund aimed at founders across the Global South. The initiative highlights India's AI Impact Summit and strategic financial-hub projects, reinforcing the nation's push for an innovation-led growth agenda. Member countries plan to collaborate on responsible AI deployment, cross-border technology transfers, and shared digital public infrastructure. The move seeks to counterbalance Western dominance in AI standards while unlocking fresh capital and cross-border expansion opportunities for emerging-market tech startups and artificial intelligence research programs globally.