Nvidia CEO Predicts China Will Surpass US in AI Development
Busan, South Korea – Nvidia CEO Jensen Huang believes China is poised to overtake the United States in the artificial intelligence race, citing loosening regulations and significant energy subsidies fueling rapid development within the country. Huang contrasted this with increasing regulations in the US, which he argues are hindering innovation.
Huang highlighted China’s government support for major tech companies like ByteDance, Alibaba, and Tencent, noting increased energy subsidies for their data centers. Some local governments are even offering discounts on electricity prices to incentivize the use of domestically produced chips from Huawei and Cambricon, despite their lower energy efficiency compared to Nvidia’s products. “In China, electric power is almost free,” Huang stated. He expressed concern over the proliferation of AI regulations at the state level in the US, stating, “We can have 50 different AI regulations. That’s not efficient.” Nvidia’s market capitalization currently stands at $4.752 trillion, equivalent to Rp. 79,244 trillion.
The prediction comes amid escalating geopolitical tensions surrounding AI technology. Recently, former US President Donald Trump emphasized his stance against selling Nvidia’s most advanced AI chips to China. This follows previous export restrictions aimed at limiting China’s access to cutting-edge semiconductor technology, intended to maintain US leadership in the field. The competition centers on dominance in AI, a technology with far-reaching implications for economic growth, national security, and technological advancement. The outcome of this race will likely reshape the global technological landscape and determine which nation leads in the next era of innovation.