Nvidia Corp. CEO Jensen Huang confirmed on Wednesday that the chipmaker has invested in Elon Musk’s artificial intelligence venture, xAI, and expressed enthusiasm about the collaboration. “Almost everything Elon is part of, you want to be a part of too,” Huang said in an interview with CNBC, calling the deal “super exciting.”
Huang’s confirmation comes amid growing speculation over Nvidia’s participation in xAI’s recent financing round. The partnership aligns with Nvidia’s broader ambition to dominate the AI infrastructure ecosystem, where its GPUs power most leading AI systems globally.
Discussing Nvidia’s strategy, Huang emphasized that the company’s “number one goal” is to boost performance by significant margins every year, maintaining its lead in the fast-evolving semiconductor industry.
He also cautioned that the United States is “not far ahead” of China in AI, pointing out that China’s tech sector is “underregulated and able to move very fast.” Huang urged American firms to accelerate adoption of AI applications to sustain competitiveness in the global race for technological leadership.
The Nvidia chief’s remarks underscore the company’s pivotal role in the AI boom, as it continues to strengthen alliances with key players such as xAI, OpenAI, and other frontier technology firms driving the next wave of innovation.
