Nvidia Corporation Chief Executive Officer (CEO) Jensen Huang told the Financial Times (FT) on Wednesday that China will beat the United States in the AI race due to lower energy costs and fewer regulations.
Huang said it was more affordable for Chinese tech companies to run local alternatives to Nvidia's chips due to energy subsidies, while pointing to the lack of "optimism" in the US and the United Kingdom. His comments came amid reports that the Chinese authorities provided additional energy subsidies to data centers run by local tech giants, boosting competitiveness.
Huang participated in the Future of AI Summit hosted by the Financial Times in London.
https://breakingthenews.net/Article/Nvidia's-Huang:-China-will-beat-US-in-AI-race/65128008
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