Nvidia's Huang Announces New Investments in French Tech Sector
- Nvidia CEO Jensen Huang announced plans to unveil $2 billion in new European investments next week, building on the $8 billion the company committed to the continent over the past year.
- Pitching open-source models as a path to sovereignty, Huang told a Paris audience that Europe needs to "get in the race" to bridge the gap with US and Chinese AI development.
- During a tour including London and Berlin, Huang named four French startups receiving funding: Doctolib, Genesis, Pigment, and Entalpic.
- The IMF's chief economist noted that AI-related investments provide "some countries a cushion" amid geopolitical turmoil, as Nvidia prepares for its GTC conference from October 20 to 22.
- While the company committed more than $40 billion to AI equity this year, Europe still trails the US and China, which have produced 59 and 35 notable AI models respectively.
46 Articles
46 Articles
(Seoul = Yonhap News) Reporter Joo Jong-guk = NVIDIA CEO Jensen Huang [will provide] a total of $2 billion (approx.... to foster the artificial intelligence (AI) industry in European countries
The head of the world leader in electronic chips was in Paris on Tuesday to announce several investments in France, including in the medical start-up Doctolib.
Nvidia's CEO, Jensen Huang, the world's most valuable quote, started a European tour that includes tickets to Paris (France), London (United Kingdom) and Berlin (Germany).
Nvidia strengthens its anchor in Europe: the US flea giant announced on Tuesday its entry into the capital of the French medical appointment platform Doctolib as well as three tricolor start-ups of artificial intelligence.
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