Nvidia Corp. CEO Jensen Huang said on Wednesday that his company has already invested in Elon Musk's artificial intelligence firm xAI and confirmed reports of further financing. He said he is "super excited" about the deal, adding that "almost everything Elon is part of, you want to be a part of too."
Huang told CNBC in an interview that Nvidia's "number one strategy" is to increase the performance of its products "by very significant margins" every year, adding that Nvidia is the only company that builds all chips in the AI infrastructure. Huang warned that the United States is "not far ahead" of China on AI, stressing that China's tech industry is underregulated and able to "move very fast." He urged US businesses to adopt AI applications faster in order to remain competitive.
https://breakingthenews.net/Article/Nvidia-CEO-Huang-confirms-investment-in-xAI/64945552
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