"Nvidia CEO Jensen Huang offered a blunt prediction that China will beat the U.S. in the AI race and that Western countries are being held back by cynicism. As the battle over who will dominate in the development of the consequential technology, Huang, whose $5 trillion California-based company is trapped in regulatory crossfire, argued that China is structurally advantaged and pointed to the country's radically lower energy costs and permissive regulatory environment."
"States in the U.S., he warned, are writing a patchwork of tech rules that could mean 50 new regulations. By contrast, he said, China is already creating subsidies that make AI computing cheap enough to run national alternatives to Nvidia's chips. Power is free, he said. His remarks came after President Donald Trump, who met China's President Xi Jinping in Asia last week, maintained the ban on Nvidia's most advanced chips being sold to China despite mulling a regulatory pathway that would allow Nvidia to sell modified and weaker versions of its most powerful chips to China."
China is positioned to win the global AI race because of structural advantages such as radically lower energy costs and a permissive regulatory environment. U.S. states are creating a patchwork of tech rules that could amount to dozens of new regulations, increasing fragmentation for industry. China is deploying subsidies that lower AI computing costs and enable national alternatives to foreign chips. The U.S. maintains a ban on the most advanced chips to China while considering limited pathways for downgraded versions. Nvidia has partnered with the Energy Department on seven new AI supercomputers and contributed to a White House energy project. Western cynicism is described as a restraint on optimism and faster deployment.
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