China's Open-Source AI Gains Global Praise

Nvidia's CEO Jensen Huang praised China's open-source AI, calling it a "catalyst for global progress" that allows every country and industry to join the AI revolution. He highlighted that large language models developed by Chinese companies are "world-class" and have driven AI development globally, and pledged to work with Chinese companies. Nvidia is set to resume shipping its H20 chips to China after receiving assurance from the US government that export licenses will be granted.

Nvidia has received permission from the US Trump administration to export its H20 computer chips used for artificial intelligence development to the Chinese market, reversing a prior restriction. The approval, confirmed by Nvidia CEO Jensen Huang, is seen as a major win and will likely result in substantial revenue for the tech giant, helping it better compete in the region.

Nvidia CEO Jensen Huang praised China's AI models, citing their world-class quality and open-source approach, as the company prepares to resume sales of a key AI chip to China. Huang made the comments at a supply chain expo in Beijing, highlighting the country's significant progress in AI development despite US export restrictions. Nvidia 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 US requirements.

China is rapidly closing the gap with the US in the development of advanced artificial intelligence (AI) technologies, thanks to a decade-long government-backed effort to become an AI superpower. The Chinese government has invested heavily in the AI sector, providing financing for infrastructure, hardware, and research, and has encouraged companies to develop open-source AI systems. Chinese companies like DeepSeek, Alibaba, and Huawei have released top-performing open-source AI models, and the government has created data resources containing approved information for companies to use to train their AI systems. While the government's industrial policy approach has been successful in driving innovation, it has also been criticized for being inefficient and making it difficult to shift resources quickly as technology changes. The rise of Chinese AI companies has raised concerns in the US, with OpenAI's CEO warning that they could block American competitors from markets around the world and set standards for the use of AI technology.