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Time of India
2 days ago
- Business
- Time of India
Nvidia CEO Jensen Huang calls Chinese AI models 'world class', including the one ‘banned' by the US government
Nvidia CEO Jensen Huang described artificial intelligence models from Chinese firms as "world class" during a supply chain expo in Beijing, just one day after the US chipmaker announced it would resume sales of its popular H20 AI chips to China. "Models like DeepSeek (the open-source model that was banned by the US), Alibaba, Tencent, MiniMax, and Baidu Ernie bot are world class, developed here and shared openly [and] have spurred AI developments worldwide," Huang said at the opening ceremony of the third China International Supply Chain Expo. The praise comes as Nvidia navigates complex US-China trade tensions while maintaining its position in the crucial Chinese market. The company expects to resume H20 chip shipments to China soon following assurances from the US government, after being forced to halt sales in April due to new export requirements. China's open-source AI approach wins Huang's praise by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Old Ship Discovered Frozen in Arctic Ice Oyila Read Now Undo Huang specifically lauded Chinese companies for embracing open-source AI development , contrasting with proprietary approaches taken by some US firms. "China's open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution," he said. The CEO highlighted how more than 1.5 million developers in China currently build on Nvidia's technology, while noting that AI "powers" popular Chinese consumer apps including Tencent's WeChat, Alibaba's Taobao, ByteDance's Douyin, and Meituan's delivery services. Chip sales resume amid easing trade restrictions "I have been assured that the licenses will come very fast. There are many order books already in," Huang told the media on the sidelines of the expo, referring to the resumption of H20 chip sales. US Commerce Secretary Howard Lutnick said Tuesday that the planned resumption was part of broader US-China negotiations on rare earths exports. The development follows recent trade talks in London, where both countries began easing some high-tech export restrictions. This is Jensen Huang's third visit to China this year, and that underscores the market's importance for Nvidia despite ongoing trade tensions between the world's two largest economies. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
CNBC
2 days ago
- Business
- CNBC
Jensen Huang lauds China's AI models as Nvidia gears up to resume chip exports
BEIJING — Nvidia CEO Jensen Huang praised China's generative artificial intelligence models, a day after the U.S. chipmaker said it expected to resume sales of a key AI chip to the country soon. "Models like DeepSeek, Alibaba, Tencent, MiniMax, and Baidu Ernie bot are world class, developed here and shared openly [and] have spurred AI developments worldwide," Huang said. He was speaking Wednesday at the opening ceremony of a supply chain expo in Beijing. He is scheduled to hold a press conference later in the day. "More than 1.5 million developers in China build on Nvidia today to bring their innovations to life," he said. China-developed DeepSeek shocked global investors in January with an AI model that undercut OpenAI on development and operating costs. It's not clear how DeepSeek managed to develop the model under broad U.S. chip restrictions on China, but the startup's parent, High-Flyer, reportedly stockpiled Nvidia chips. Nvidia on Tuesday said it expected to resume its H20 chip shipments to China soon following assurances from the U.S. government. The company was forced to halt the sales in April due to new U.S. requirements at the time. U.S. chip restrictions nearly halved Nvidia's share in China, Huang said in May. Due to the U.S. export controls on China, the company said it missed out on $2.5 billion in sales during the April quarter, and will likely take another $8 billion hit in the July quarter, pegging its quarterly sales at $45 billion. Huang has warned that Chinese telecoms giant Huawei stands to benefit from U.S. AI chip curbs on exports to the Asian country. Jensen is on his third trip to China this year, according to reports going back to January. In the global race for AI, Chinese companies Alibaba, Tencent and Baidu have all rushed to release their own AI models despite limited access to training chips. OpenAI's ChatGPT chatbot is also not officially available in China. Huang on Wednesday also praised Chinese companies for taking an open-source approach to AI, meaning developers can access the underlying code for free. Notably OpenAI in the U.S. has not yet taken this approach. Alibaba-backed startup Moonshot last week released a new open source model called Kimi K2 that claims to beat OpenAI's ChatGPT and Anthropic's Claude on certain coding metrics. "China's open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution," Huang said. He added that open-source technology is also "key" for AI safety and enables international cooperation on standards. Huang also described how AI "powers" Chinese consumer tech such as Tencent's WeChat social media app, Alibaba's Taobao shopping app, ByteDance's Douyin short-video app and Meituan's "super convenient" delivery. The latest U.S. government restrictions on Nvidia had followed tighter export controls over the last three years that prevent American companies from selling advanced semiconductors to China over concerns that the tech will support the development of Beijing's defense sectors. Huang has pushed back against concerns that China's military would use U.S. technology, and emphasized global access was needed for the country to remain a world leader in AI, according to an interview with CNN that aired Sunday. Following U.S.-China trade talks in London last month, the U.S. has started to ease some restrictions on high tech exports to China, while Beijing has resumed some issuance of licenses that allow its companies to export critically needed rare earths to the U.S.
