What is Pax Silica, the US-led AI, supply chain bloc India formally joined today in New Delhi? Why does it matter?

India AI Impact Summit: India formally joins Pax Silica, a US-led initiative to enhance AI and supply chain security today. US Ambassador Sergio Gor and Under Secretary of State for Economic Affairs Jacob Helberg will be present on the occasion.

Source: https://www.livemint.com/technology/tech-news/what-is-pax-silica-us-led-effort-on-ai-supply-chain-security-that-india-joined-today-formally-ai-impact-summit-sergio-11771559773591.html