Jensen Huang, CEO of Nvidia, a leading company in artificial intelligence technology, has claimed that China will surpass the United States in the global AI competition.
China Will Win the AI Race
Speaking at the Future of AI Summit in London, Huang emphatically declared, “China will win the AI race.” Huang stated that the main reasons for this superiority are China’s lower energy costs and a more flexible regulatory environment.
Reiterating a statement he has been making for some time, Huang emphasized that China is only “nanoseconds” behind the US in technology. He noted that the competition has now reached a level close enough to make a difference, and therefore, it is vital for the US to move quickly and win over developers from around the world to stay ahead in this race.
The Chinese government is supporting local tech giants in this competition. Energy subsidies have been increased for large data centers operated by companies like ByteDance, Alibaba, and Tencent. Sources indicate that local governments are providing support to technology companies complaining about rising costs due to the higher energy consumption of domestic semiconductor manufacturers like Huawei and Cambridge compared to Nvidia chips.
Jensen Huang has also openly expressed his desire to sell to the Chinese market. In an October speech, he stated that the US could only win the AI race if Nvidia systems were adopted by all developer communities globally, including China.
However, Huang stated that the Chinese government had excluded Nvidia from its own market, complicating the company’s strategy. The competition in AI has led to significant tensions between the two countries, particularly regarding access to China for Nvidia’s advanced chips.
Nvidia is the technology company with the highest market capitalization worldwide, and its AI accelerators form the foundation of a global productive AI infrastructure. Meanwhile, US President Donald Trump recently stated that Nvidia’s most advanced Blackwell series chips should be available only to American customers.
