A high-powered U.N. advisory body says global governance of artificial intelligence is “imperative” and is urging the United Nations to lay the foundations for the first inclusive global institutions to regulate the fast-growing technology.

As the technology makes rapid progress, observers say it's 'imperative' to establish the foundations for inclusive global institutions to track its evolution and establish safeguards.

The UN advisory body stated that global governance of artificial intelligence is essential. It urged the United Nations to lay the groundwork for the first inclusive global institutions to regulate rapidly evolving technologies,

Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.

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