Consider the following statements regarding AI Action Summit held in Grand Palais, Paris in February 2025 : I. Co-chaired with India, the event builds on the advances made at the Bletchley Park Summit held in 2023 and the Seoul Summit held in 2024. II. Along with other countries, US and UK also signed the declaration on inclusive and sustainable AI. Which of the statements given above is/are correct?

Statement I is correct because the 2025 AI Action Summit in Paris was co-chaired by India and France, serving as the third major global meeting on AI governance following the Bletchley Park and Seoul summits. Statement II is incorrect because, despite the summit's broad participation, the US and UK did not sign the specific declaration on inclusive and sustainable AI due to disagreements over regulatory approaches. The core concept tested is international AI governance and the diplomatic roles of major powers in shaping global technology policy.