The United Nations has released a pivotal report titled 'Governing AI for Humanity,' proposing seven recommendations aimed at addressing AI-related risks and establishing a global governance framework. The report, created by a 39-member advisory body, emphasizes the need for international cooperation among governments, the private sector, and civil society to ensure AI serves the common good. Key proposals include forming an international scientific panel on AI, initiating a global policy dialogue, and establishing a global AI fund to enhance governance capacities. The UN highlights the risks posed by the concentration of AI development in multinational corporations, which may limit public input and oversight. This report will be a central topic at the upcoming UN summit, as stakeholders seek to create a more inclusive framework for AI governance. The report follows the EU's advancements in AI regulation and aims to provide a blueprint for a comprehensive global AI governance structure.