Nvidia CEO Jensen Huang will be attending a roundtable conference at the Viva Technology Conference, dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris on June 11, 2025.
Sarah Macesonnier | Reuters
BEIJING – Nvidia CEO Jensen Huang praised China’s artificial intelligence model the following day, when US chip makers expected to resume sales of major AI chips to the country soon.
“Models like Deepseek, Alibaba, Tencent, Minimax, Baidu Ernie Bot are world class, developed here and openly shared [and] According to Huang, the development of AI has spurred the development of AI around the world. He was speaking at the opening ceremony of the supply chain expo in Beijing on Wednesday. He is scheduled to hold a press conference later that day.
“More than 1.5 million developers in China are building to enable innovation in Nvidia today,” he said.
China-developed Deepseek shocked global investors in January and acquired an AI model that undercuts Openai in terms of development and operational costs. It is not clear how Deepseek developed the model under China’s wide US chip limit, but it is reportedly HighFlyer, the parent of the startup, reportedly stockpiled Nvidia chips.
Nvidia said Tuesday that it is expected to resume shipments of H20 chips to China soon, following guarantees from the US government. The company was forced to suspend sales in April due to new US requirements at the time.
U.S. tip restrictions have nearly halved Nvidia’s share in China, Huang said in May. The U.S. export control in China said the company missed out on $2.5 billion in sales in the April quarter, and a further $8 billion hit in July quarter, with a high chance of quarterly sales of $45 billion.
Huang warns that China’s telecom giant Huawei is in a position to benefit from the US AI chip curb for exports to Asian countries.
Jensen is competing in his third trip to China this year, according to reports dating back to January.
In the AI global race, Chinese companies Alibaba, Tencent and Baidu rushed to release all their AI models despite limited access to training chips. Openai’s ChatGpt Chatbot is also not officially available in China.
I praise the open source approach
Huang on Wednesday also praised Chinese companies for taking an open source approach to AI. This means that developers can access the underlying code for free. In particular, Openai in the US has not yet adopted this approach. Alibaba Backed Startup Moonshot last week released a new open source model called Kimi K2, which claims to defeat Openai’s ChatGpt and Anthropic’s Claude with certain coding metrics.
“China’s open source AI is a catalyst for global advancement and gives every country and industry the opportunity to participate in the AI revolution,” Huang said. He added that open source technology is also “important” for AI security, allowing international cooperation on standards.
Huang also explained how AI is “powering” Chinese consumer technology, including Tencent’s WeChat social media app, Alibaba’s Taobao shopping app, Bytedance’s Douyin Short-Video app, and Meituan’s “very convenient” delivery.
The latest US government restrictions on NVIDIA have followed stricter export controls over the past three years, preventing American companies from selling advanced semiconductors to China over concerns that technology would support the development of Beijing’s defense sector.
Huang opposed concerns that Chinese military forces would use US technology, and stressed that global access is needed to remain a global leader in AI, according to an interview with CNN that aired on Sunday.
Following the US-China trade talks held in London last month, the US began to ease some restrictions on high-tech exports to China, but Beijing has resumed issuing licenses that allow businesses to export much-needed rare earths to the US.
– CNBC’s Dylan Butts contributed to this report.
