NVIDIA CEO Jensen Huang said on Monday that each country needs to have its own artificial intelligence infrastructure to harness its economic potential while preserving its culture.
“We cannot allow others to do that,” Huang said at the World Government Summit in Dubai.
Huang, whose dominance of the high-end AI chip market has seen the company's stock market value soar to $1.8 trillion, said the rapid efficiency gains in AI computing have led the company to “democratize” access to AI. He said he is doing so.
“The rest is really up to you, take the initiative, revitalize the industry and build the infrastructure as quickly as possible.”
He noted that other new technologies and industries, such as automobiles and aviation, have been successfully regulated, and said concerns about the dangers of AI are overblown.
“There's some interest in scaring people about this new technology, or embarrassing this technology, or encouraging other people to do nothing about it and leave it to them. And that's a mistake. I think.”
Following new U.S. regulations imposed on some AI chips in October, NVIDIA began working with customers in China and the Middle East in November to obtain export permits for new products that comply with U.S. rules. announced that it was doing so.
Read: And now, Nvidia's next move
The CEO did not address the issue Monday.
Nvidia is scheduled to announce its fourth quarter results on February 21st. — Toby Stirling, (c) 2024 Reuters
