Nvidia CEO Jensen Huang warned that China is “going to win” the race to develop the next generation of artificial intelligence and urged Washington to speed up its efforts.
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| Source: Video Screenshot |
AFP reports: In an interview with the Financial Times, the head of the U.S. chip giant said that Beijing’s energy subsidies were boosting its drive to build cutting-edge semiconductors used to power AI technology.
"China is going to win the AI race," Huang told the British newspaper on Wednesday at an event in London.
"As I have said before, China is nanoseconds behind America in AI," he added in a statement posted on X by Nvidia.
"It's vital that America wins by racing ahead and winning over developers worldwide."
Last week, the California-based Nvidia became the world’s first $5 trillion company, although its market cap has since receded to around $4.7 trillion.
Top-end Nvidia chips, which are used to train and power generative AI systems, are currently not sold in China due to U.S. national security concerns and Chinese government bans.
Earlier this week, the White House reiterated its stance on not allowing Nvidia to sell its advanced Blackwell chip model in China.
The United States has cited the risk of giving China a military advantage as the reason for the ban.
Huang has repeatedly petitioned Washington to relax its restrictions on Nvidia chip exports, arguing that the policy will only help China advance its technology.
On Wednesday, the leather jacket-clad businessman criticized new AI regulations introduced by U.S. states, contrasting them with China, where the government subsidizes the electricity needed to power the technology.
He said that Western countries, including the United States and Britain, are being held back by "cynicism" over AI.
Experts say that Chinese chipmakers will struggle to match Nvidia’s technological prowess before the end of the decade.
Challenges include developing the appropriate software to harness the chips’ power and upgrading manufacturing tools.
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