24 Countries Join US-Led Pax Silica To Break China's Grip On AI Supply

The US launched a $250M AI supply chain fund.

24 nations have already signed up this year.

Pax Silica is a US-led coalition 'built to break China's monopoly on AI supply chains'. It includes everything from critical minerals to semiconductors and data centres.

- $250M US seed fund (targeting $1T from allies)
- Covers minerals, energy, chips, AI, and logistics
- SoftBank, Temasek and Mubadala as investors
- 10 new members added at the June 2026 summit
- China controls 70-90% of critical mineral refining

The U.S. Under Secretary of State for Economic Affairs, Jacob Helberg, is the primary architect and spokesperson for Pax Silica.

He describes Pax Silica as a direct counter to “the weaponisation of supply chains by adversaries”

Pax Silica leverages each partner’s advantages:

- Kazakhstan for critical minerals & processing
- Philippines for its nickel reserves and supply
- Japan and South Korea for advanced chip making
- Australia & Chile for lithium and other rare earths
- UAE and Qatar for sovereign capital & energy
- India for engineering talent and manufacturing

Each country brings something different to the table.

The idea is that no single point of failure can bring the whole thing down.

Are we entering a new cold war?