Nvidia CEO warns 'China is going to win the AI race': report

Core Insights - Nvidia CEO Jensen Huang warns that China is poised to overtake the U.S. in the global AI race, citing lower energy costs and fewer regulatory hurdles in China as advantages [1][3] - Huang criticizes U.S. states' new AI regulations, suggesting they may hinder progress compared to China's energy subsidies that benefit companies using Chinese AI chips [3][6] - Huang emphasizes the urgency for the U.S. to advance in AI development to maintain a competitive edge globally [3] Company Developments - Nvidia is set to invest up to $100 billion in OpenAI, indicating a significant commitment to AI development [4] - The company recently achieved a historic milestone by becoming the first to reach a $5 trillion market valuation [10] Regulatory Environment - Huang has previously expressed concerns that U.S. AI models are not significantly ahead of China's, advocating for broader access to Nvidia chips globally [6] - President Trump has maintained a ban on the sale of Nvidia's most advanced AI chips to China, reinforcing the U.S. focus on protecting its technological advancements [6][9]