NVIDIA CEO Jensen Huang noted that each country needs its own artificial intelligence infrastructure to thrive on economic prospects while protecting its own culture.
NVIDIA (NVDA.O) opens a new tab. CEO Jensen Huang stated on Monday that each country must have its own artificial intelligence infrastructure in order to capitalize on economic opportunities while protecting its own culture.
“You cannot allow that to be done by others,” Huang stated at the World Government Summit in Dubai.
Huang, whose company has skyrocketed to a $1.73 trillion stock market valuation as a result of its supremacy in the high-end AI chip industry, claims that rapid efficiency advances in AI computing are ‘democratizing’ access to the technology.
“The rest of it is really up to you to take initiative, activate your industry, and build the infrastructure as fast as you can.”
He claimed that concerns about the hazards of AI are exaggerated, pointing out that other new technologies and industries, such as automobiles and aircraft, have been properly managed.
“Some people have an interest in scaring people about this new technology, mystifying it, encouraging others to do nothing about it, and relying on them to do it. And I believe that’s a mistake.
Following a new wave of U.S. limitations on some of its AI processors in October, Nvidia announced in November that it was working with clients in China and the Middle East to get export permits for new products that would comply with US regulations.
The CEO did not address the problem on Monday. Nvidia is scheduled to release its fourth quarter.
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