Nvidia CEO Jensen Huang on AI race vs. China: Overall we're not far ahead

Risk Assessment & Technological Advancement - The company excels at managing technology and product design risks [2][3] - Geopolitical risk is a significant and uncontrollable concern for the company [3][4] AI Development & Competition - The US and China are close in overall AI development, varying by technology stack layer [5] - China leads in energy, while the US leads in chips [5][6] - US models (OpenAI, Anthropic, Gemini) are generally better, but China's open-source models are ahead [6] - China's applications are advancing rapidly due to a quick adoption rate and less industrial regulation [6][7] Strategic Considerations for AI Leadership - A nuanced strategy is needed to balance maintaining a lead in advanced chips with enabling global AI developers to build on the American tech stack [9][11] - The US aims to ensure America and its allies have access to the most advanced AI chips [10] - Preventing others from building on the American tech stack risks creating parallel AI ecosystems [15] - The goal is for the American tech stack to account for 80% of the world in five years to win the AI race [16] - Isolating American technology and forfeiting the global market would hinder America's AI leadership [17] - China represents 30% of the technology market with a billion users, making it a crucial market [16][17]