Nvidia CEO says China on track "to win the AI race," FT reports
- Jensen Huang, Nvidia CEO, told the Financial Times on Nov 5 that China is going to win the AI race and said on X late Nov 5 it is now `nanoseconds behind` the U.S.
- By contrast, Huang cited Beijing's subsidized electricity and streamlined regulations that lower AI operating costs, while Western countries face growing AI rules and `cynicism`, Huang said.
- Washington has restricted exports, banning sales of Nvidia's Blackwell chips to China, and Nvidia has not applied for US export licences as Huang said China has effectively shut it out of its market.
- As a result, developers and firms face challenges as Huang warned losing half of the world's AI developers would hurt America, while Nvidia and Advanced Micro Devices, Inc. pay 15% of Chinese revenues to the U.S. government pending approvals.
- Beijing has moved to require state-backed data centres in China under 30% complete to remove foreign AI chips, while subsidies cutting energy costs by 50% boost Chinese tech giants including ByteDance, Alibaba Group and Tencent.
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Nvidia CEO Jensen Huang: 'China Is Going to Win the AI Race'
Jensen Huang, CEO of Nvidia, has cautioned that China is poised to outpace the United States in the race for artificial intelligence supremacy, citing lower energy costs and more relaxed regulations as key factors. The post Nvidia CEO Jensen Huang: ‘China Is Going to Win the AI Race’ appeared first on Breitbart.
Jensen Huang, CEO of the company Nvidia, spoke about the race for artificial intelligence at an event in London, quoted by the Financial Times on Wednesday, November 5th. And... Read more Artificial Intelligence: "China will win the race" against the United States, predicted the boss of Nvidia appeared first on Current Values.
Nvidia's Huang Says China Will Win AI Race
Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang said China would win the artificial intelligence (AI) race. The company walked back the comments, but only slightly. He did not make the statement by mistake. There are two reasons he could have made it. Quick Read Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang says China will win the artificial intelligence (AI) race. If he is correct about that, it is bad news for more than just Nvidia. Are you ah…
The race for artificial intelligence (AI) already has a clear winner. Although the United States has had the technological advantage so far, China will eventually win. This Asian powerhouse is particularly favored by looser regulations and lower energy costs. This was stated by Jensen Huang, CEO of the American chip manufacturer Nvidia, at a summit on the future of AI, organized by the Financial Times.
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