tech_ai
2/20/2026
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UN Chief Calls for $3B AI Fund to Counter 'Billionaire Whims'

UN Chief Calls for $3B AI Fund to Counter 'Billionaire Whims'
AI-Generated Summary

UN Secretary-General António Guterres has issued a stark warning at the AI Impact Summit in New Delhi, declaring that the future of artificial intelligence 'cannot be decided by a handful of countries or left to the whims of a few billionaires.' He called for urgent global action to prevent a new wave of inequality, exploitation, and environmental harm driven by AI. Central to his proposal is the creation of a $3 billion global AI fund aimed at building basic capacity in developing countries. Guterres emphasized that without investment in skills, data infrastructure, affordable computing power, and inclusive ecosystems, many nations risk being 'locked out' of the benefits of the fast-advancing technology. He urged tech leaders and billionaires to support the initiative. The summit, hosted by India and praised by Guterres as a major event held in the Global South, also focused on the need for global guardrails to ensure oversight and accountability. The UN chief's address underscored a collective push for democratized AI governance, stronger safety rules, and safeguards to ensure the technology benefits all of humanity, not just a privileged few.

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Sources

From India, Guterres calls for $3 billion fund to ensure AI benefits all | UN News

news.un.org
50%

The future of artificial intelligence “cannot be decided by a handful of countries or left to the whims of a few billionaires,” the UN Secretary-General told the AI Impact Summit in New Delhi on Thursday, calling for a global fund to help developing nations to better access these technologies.

AI cannot be left to ‘whims of a few billionaires’: U.N. chief Antonio Guterres - The Hindu

www.thehindu.com
50%

U.N. chief Antonio Guterres urges global AI access, warning against billionaire control and advocating for a $3 billion fund.

World leaders discuss AI future at India’s global summit in New Delhi | Technology News | Al Jazeera

www.aljazeera.com
50%

Guterres spoke on Thursday, warning of the risks of AI, saying its future cannot be left to “the whims of a few billionaires”. The UN chief called on tech tycoons to support a $3bn global fund to ensure open access to the fast-advancing technology for all.

AI must belong to everyone: Guterres pushes global guardrails at AI Impact Summit – Firstpost

www.firstpost.com
50%

UN chief Antonio Guterres urged tech leaders at an AI summit in India to back a $3 billion fund, warning the technology cannot be controlled by a few billionaires. He called for safeguards to prevent inequality, exploitation, and environmental harm.

AI future can’t be dictated by a few countries or billionaires: Guterres - The Tribune

www.tribuneindia.com
50%

Proposes $3-billion global AI fund to build capacities in developing countries.

UN chief urges $3B AI fund to help developing countries

www.aa.com.tr
50%

UN Secretary-General Antonio Guterres on Thursday called for the creation of a $3 billion global fund for artificial intelligence to help developing countries build basic capacity and avoid being left behind. Speaking at the AI India summit in New Delhi, Guterres said the future of AI “cannot ...

'Future Of AI Cannot Be Left To Whims Of Few Billionaires': UN Chief Guterres Pushes Global AI Fund

timesofindia.indiatimes.com
50%

Antonio Guterres, UN Secretary-General, urged the creation of a $3 billion global AI fund at the India AI Impact Summit 2026 to help developing countries build basic AI capacity. He highlighted the importance of accessible AI, including skills, data, affordable computing, and inclusive ecosystems.

Push for democratised AI and stronger safety rules at India summit - CNA

www.channelnewsasia.com
50%

Guterres in his speech at the global AI summit warned technology leaders of the risks of AI, saying its future cannot be left to "the whims of a few billionaires". He pressed for global guardrails to ensure oversight and accountability, and the creation of "Global Fund on AI" to build basic ...

UN chief Guterres urges inclusive AI governance, warns against ‘whims of few billionaires’ - The Tribune

www.tribuneindia.com
50%

He congratulated PM Modi for hosting AI summit, the first major in Global South.

UN Secretary General Antonio Guterres Calls For Creation Of Global AI Fund | Economy News - News18

www.news18.com
50%

UN Secretary-General Antonio Guterres has called for creation of a global AI fund aimed at building basic capacity in developing countries

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