NVIDIA CEO Jensen Huang stated at the G20 Technology Summit on Wednesday that NVIDIA will invest nearly $1 trillion in U.S. infrastructure this year, citing the country's regulatory environment and energy policies. He likened AI to public utilities such as water and electricity, calling it the "greatest equalizer," and emphasized that "every country needs to build infrastructure to support its own economy." Huang warned that over-regulating AI would leave countries behind and called on governments to regulate "actual and concrete harms" rather than "theoretical and hypothetical harms."
Meanwhile, the Trump administration used the summit to promote a set of AI governance guidelines called the "Carolina Principles," advocating for enhanced collaboration between governments and private enterprises to test emerging technologies, and arguing against establishing separate regulatory bodies for AI. As of publication, NVIDIA's stock was up over 4% during Wednesday's trading session.
Jensen Huang urged countries to accelerate AI infrastructure development at the G20 Technology Summit, warning that over-regulation would lead to lagging behind. NVIDIA will invest nearly a trillion dollars in the United States this year, with its stock rising over 4% during Wednesday's trading session.
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