Nvidia CEO Jensen Huang said in a CNBC interview on Wednesday that the United States is only “not far ahead” of China when it comes to artificial intelligence development.
Huang highlighted that while the U.S. leads in some areas, China’s progress in AI is impressive and the gap between the two countries is smaller than many think.
He also voiced strong support for the H-1B visa program, calling it a key part of America’s success in technology. According to Huang, immigration helps the U.S. attract top global talent and remains a core part of the “American dream.”
Speaking about Nvidia’s business, Huang said demand for the company’s latest Blackwell chips is “really, really high.” He added that Nvidia is constantly seeking new startups to invest in, as its broader goal is to strengthen AI infrastructure and help the entire tech ecosystem grow.
Huang also shared a personal reflection about his investment choices, saying his “only regret” was not putting more money into Elon Musk’s xAI and not investing in OpenAI sooner. He noted that OpenAI’s revenue is growing at an extraordinary rate.
According to Bloomberg, xAI is currently raising more money than originally planned, with the round now reaching about $20 billion. Nvidia is said to be contributing up to $2 billion as part of the equity portion of that deal. The funding will help xAI acquire Nvidia’s powerful graphics processing units (GPUs) for its Colossus 2 data center.
Huang praised Musk’s projects and said Nvidia wants “to be part of almost everything Musk is involved in,” showing the company’s strong interest in the billionaire’s growing AI ventures.
