Nvidia CEO Jensen Huang warned that China “is going to win” the race to develop next-generation artificial intelligence, urging Washington to speed up its efforts.
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The head of the world’s first company to reach US$5 trillion in market value told The Financial Times that Beijing’s energy subsidies were boosting its drive to build cutting-edge semiconductors used to power AI technology developments.
“China is going to win the AI race,” the British newspaper cited him as saying on Wednesday at an event in London.
“As I have long said, 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 developers worldwide.”
After becoming the world’s first US$5 trillion company last week, California-based Nvidia’s market cap has receded since then to around US$4.7 trillion.
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