Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.

BEIJING: Nvidia CEO Jensen Huang called China's open-source artificial intelligence a "catalyst for global progress" and hailed the country's innovation in the sector as he addressed an expo in Beijing on Wednesday (Jul 16).

Nvidia said in a statement that it is filing applications with the US government to resume H20 sales and that "the US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon.

Nvidia CEO Jensen Huang says AI won't erase jobs but will transform how we work — starting with how we think and ask questions.

Huang’s comments stand in stark contrast to those of Anthropic CEO Dario Amodei, who said AI could eliminate half of all entry-level white collar jobs and spike unemployment by double digits over the next five years. Amazon CEO Andy Jassy has also warned AI will reduce the company’s total corporate workforce.

Today’s Forbes Daily covers potential Federal Reserve chair replacements, the wealthiest get richer off bitcoin, a new biotech billionaire, AI in medicine and more.

Nvidia CEO Jensen Huang said that while AI could dramatically boost productivity, it may also cause job losses unless society continues to innovate and create new opportunities.

The chief executive of the world’s leading chipmaker warned that while artificial intelligence will significantly boost workplace productivity, it could lead to job loss if industries lack innovation.

Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.