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Nvidia chief calls AI ‘the greatest equalizer’ — but warns Europe risks falling behind

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Nvidia chief calls AI ‘the greatest equalizer’ — but warns Europe risks falling behind
News

News

Nvidia chief calls AI ‘the greatest equalizer’ — but warns Europe risks falling behind

2025-06-12 06:46 Last Updated At:06:51

PARIS (AP) — Will artificial intelligence save humanity — or destroy it? Lift up the world’s poorest — or tighten the grip of a tech elite?

Jensen Huang — the global chip tycoon widely predicted to become one of the world’s first trillionaires — offered his answer on Wednesday: neither dystopia nor domination. AI, he said, is a tool for liberation.

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Nvidia CEO Jensen Huang attends a round table discussion at the VivaTech fair dedicated to innovation and startups in Paris, Wednesday, June 11, 2025. (Sarah Meyssonnier/Pool via AP)

Nvidia CEO Jensen Huang attends a round table discussion at the VivaTech fair dedicated to innovation and startups in Paris, Wednesday, June 11, 2025. (Sarah Meyssonnier/Pool via AP)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

Wearing his signature biker jacket and mobbed by fans for selfies, the Nvidia CEO cut the figure of a tech rockstar as he took the stage at VivaTech in Paris.

“AI is the greatest equalizer of people the world has ever created,” Huang said, kicking off one of Europe’s biggest technology industry fairs.

Huang’s core argument: AI can level the playing field, not tilt it. Critics argue Nvidia’s dominance risks concentrating power in the hands of a few. But Huang insists the opposite — that by slashing computing costs and expanding access, “we’re democratizing intelligence” for startups and nations alike.

But beyond the sheeny optics, Nvidia used the Paris summit to unveil a wave of infrastructure announcements across Europe, signaling a dramatic expansion of the AI chipmaker’s physical and strategic footprint on the continent.

In France, the company is deploying 18,000 of its new Blackwell chips with startup Mistral AI. In Germany, it’s building an industrial AI cloud to support manufacturers. Similar rollouts are underway in Italy, Spain, Finland and the U.K., including a new AI lab in Britain.

Other announcements include a partnership with AI startup Perplexity to bring sovereign AI models to European publishers and telecoms, a new cloud platform with Mistral AI, and work with BMW and Mercedes-Benz to train AI-powered robots for use in auto plants.

The announcements underscore how central AI infrastructure has become to global strategy — and how Nvidia, now the world’s most valuable chipmaker, is positioning itself as the engine behind it.

As the company rolls out ever more powerful systems, critics warn the model risks creating a new kind of “technological priesthood” — one in which only the wealthiest companies or governments can afford the compute power, energy, and elite engineering talent required to participate. That, they argue, could choke the bottom-up innovation that built the tech industry in the first place.

Huang pushed back. “Through the velocity of our innovation, we democratize,” he said, responding to a question by The Associated Press. “We lower the cost of access to technology.”

As Huang put it, these factories “reason,” “plan,” and “spend a lot of time talking to” themselves, powering everything from ChatGPT to autonomous vehicles and diagnostics.

But some critics warn that without guardrails, such all-seeing, self-reinforcing systems could go the way of Skynet in “ The Terminator ” movie — vast intelligence engines that outpace human control.

To that, Huang offers a counter-model: layered AI governance by design. “In the future,” he said, “the AI that is doing the task is going to be surrounded by 70 or 80 other AIs that are supervising it, observing it, guarding it, ensuring that it doesn’t go off the rails.”

He likened the moment to a new industrial revolution. Just as electricity transformed the last one, Huang said, AI will power the next — and that means every country needs a national intelligence infrastructure. That’s why, he explained, he’s been crisscrossing the globe meeting heads of state.

“They all want AI to be part of their infrastructure,” he said. “They want AI to be a growth manufacturing industry for them.”

Europe, long praised for its leadership on digital rights, now finds itself at a crossroads. As Brussels pushes forward with world-first AI regulations, some warn that over-caution could cost the bloc its place in the global race. With the U.S. and China surging ahead and most major AI firms based elsewhere, the risk isn’t just falling behind — it’s becoming irrelevant.

Huang has a different vision: sovereign AI. Not isolation, but autonomy — building national AI systems aligned with local values, independent of foreign tech giants.

“The data belongs to you,” Huang said. “It belongs to your people, your country... your culture, your history, your common sense.”

But fears over AI misuse remain potent — from surveillance and deepfake propaganda to job losses and algorithmic discrimination. Huang doesn’t deny the risks. But he insists the technology can be kept in check — by itself.

The VivaTech event was part of Huang’s broader European tour. He had already appeared at London Tech Week and is scheduled to visit Germany. In Paris, he joined French President Emmanuel Macron and Mistral AI CEO Arthur Mensch to reinforce his message that AI is now a national priority.

Chan reported from London.

Nvidia CEO Jensen Huang attends a round table discussion at the VivaTech fair dedicated to innovation and startups in Paris, Wednesday, June 11, 2025. (Sarah Meyssonnier/Pool via AP)

Nvidia CEO Jensen Huang attends a round table discussion at the VivaTech fair dedicated to innovation and startups in Paris, Wednesday, June 11, 2025. (Sarah Meyssonnier/Pool via AP)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Dec 23, 2025--

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures signed an MoU announcing a strategic collaboration to jointly explore new opportunities designed to strengthen the SME segment. The initiative reflects a shared vision to advance technology-driven financial solutions that align with the UAE’s economic priorities and support sustainable development across key sectors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251222001568/en/

Through this collaboration, Comera Financial Holdings and SCV have outlined several areas where their combined expertise can create significant value for businesses. A major focus will be on financial solutions tailored for corporates with extensive SME networks. These may include innovations in Supply Chain Finance, working capital optimisation, and sector-specific financing frameworks. By combining Comera’s expanding fintech platforms with SC Ventures’ expertise in venture-building and credit intelligence, both organisations aim to deliver solutions that strengthen business resilience and accelerate market competitiveness.

The organisations will also explore broader strategic partnership opportunities, including potential investment, co-creation of new financial models, and deeper coordination across select business initiatives. This approach is intended to drive innovation, encourage aligned growth, and support the delivery of comprehensive financial solutions at scale.

Akhtar Saeed Hashmi, Managing Director & Group CEO of Comera Financial Holdings, stated: “This collaboration marks an important step in our mission to build forward-looking financial infrastructure for the UAE. By working with SC Ventures, we aim to introduce innovative, digitally powered financing models that support the growth ambitions of SMEs and large corporates alike.”

Alex Manson, CEO of Standard Chartered Ventures, commented: “At SC Ventures we build businesses that solve real problems. Partnering with Comera allows us to co-create digital infrastructure that gives SMEs the tools, insights and access they need to thrive in an innovation-led economy.”

Comera Financial Holdings and SC Ventures will continue evaluating the identified opportunities with the goal of establishing a long-term collaboration. Further updates will be shared as progress develops.

About SC Ventures

SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance.

For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.

About Comera Financial Holdings

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, is a diversified fintech and financial services group offering integrated solutions across payments, lending, supply chain finance, and digital financial infrastructure, enabling seamless, compliant, and scalable financial experiences for consumers, SMEs, and corporates across the UAE and beyond.

*Source: AETOSWire

Akhtar Saeed Hashmi, Managing Director & Group CEO of Comera Financial Holdings, and Alex Manson, CEO of Standard Chartered Ventures, sign an MoU announcing a strategic collaboration. (Photo: AETOSWire)

Akhtar Saeed Hashmi, Managing Director & Group CEO of Comera Financial Holdings, and Alex Manson, CEO of Standard Chartered Ventures, sign an MoU announcing a strategic collaboration. (Photo: AETOSWire)

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