'Catalyst for progress': Nvidia CEO hails China's AI at Beijing expo

Nvidia CEO Jensen Huang has called China's open-source artificial intelligence a "catalyst for global progress" and says it is "revolutionising" supply chains. In a speech during Wednesday's opening ceremony of the China International Supply Chain Expo in Beijing, Huang – whose firm last week became the first to touch 4 trillion in market value – hailed China's role in pioneering AI, describing Chinese AI startup DeepSeek as "giving every country and industry a chance to join the AI revolution". Huang made the comments a day after Nvidia announced it will resume sales of its H20 AI chips to China after the United States government pledged to remove licensing restrictions that had halted exports. "AI is transforming every industry from scientific research and healthcare to energy, transportation and logistics," said Huang, who also praised China's "super-fast" innovation, powered by its "researchers, developers and entrepreneurs". The California-based company produces some of the world's most advanced semiconductors but cannot ship its most cutting-edge chips to China due to Washington's concerns that Beijing could use them to enhance its military capabilities.