China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan period, former finance vice-minister Zhu Guangyao has said, just days ahead of a key Communist Party conclave to roll out the 2026-2030 blueprint. “We have full confidence that we will accomplish the economic development goal this year. The economic…
Alibaba Group chairman Joe Tsai has challenged the prevailing narrative of US-China artificial intelligence competition, arguing that the race has no definitive winner because success should be measured by adoption speed rather than model superiority. “When it comes to AI, there’s no such thing as winning the race. It’s a long marathon,” Tsai said at…
This article first appeared on GuruFocus. Oct 9 – Nvidia (NASDAQ:NVDA) CEO Jensen Huang has confirmed the company’s investment in Elon Musk’s artificial intelligence startup, xAI, and says he wishes he had gone in even bigger. Speaking with CNBC, Huang described the financing opportunity as exciting and added that he wants to be involved in…
Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground. Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu….
Just as Open AI CEO Sam Altman and Meta leader Mark Zuckerberg begin acknowledging that there may be truth to the warnings of an AI bubble, Jensen Huang is doubling down on his bullishness. In a recent podcast appearance with Bill Gurley and Brad Gerstner, the Nvidia CEO brushed aside the growing caution and instead…
Allowing US companies like Nvidia to compete in China fits the interests of both Beijing and Washington, according to Jensen Huang, the US chipmaker’s founder and CEO, as Chinese players gear up to be Nvidia-free. Washington should allow its technology industry to compete globally – including in China – to “proliferate the technology around the…
Nvidia CEO Jensen Huang has once again made an urgent appeal to Washington, arguing that allowing American technology companies to compete openly in China serves the best interests of both the countries. On the tech podcast BG2, a podcast hosted by tech investors Brad Gerstner and Bill Gurley, Huang emphasized that a competitive presence in…
Nvidia (NVDA) stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that the partnership will allow OpenAI to deploy “at least 10 gigawatts” of compute capacity from the chipmaker’s AI systems to train and…
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company. The two companies will team up to work on custom data centers that form the backbone of artificial intelligence infrastructure as well as personal computer products, Nvidia said in a press release….
Huawei Technologies unveiled hardware that it said could deliver world-class computing power without using Nvidia’s advanced chips, in a breakthrough that could potentially free the supply chokehold that constrains China’s aspirations in artificial intelligence. The Shenzhen-based telecoms equipment giant said it had developed the “world’s most powerful” supernode computing cluster using local chipmaking processes, providing…