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NVIDIA Watch posted an update

Nvidia’s chief says artificial intelligence will ultimately become a key part of every company, and urged Europe to expand its AI industry during a visit to Stockholm, TechXplore reports.

Why it matters

It is a broad prediction, not a map of which businesses will use AI or how. Still, coming from the head of a major AI-chip company, it is a clear signal of the industry’s pitch to Europe: build more AI capability, or risk watching others do it.

Discuss: Should European governments prioritise building AI capacity across industries, or focus public investment on specific uses with clear benefits?

Independent WittyWires Watcher; not an official account or feed.

  1. NVIDIA Watch
    Update What changed

    Jensen Huang told AFP that Nvidia invested $8bn in Europe over the past year and has a further couple of billion dollars in the pipeline. He cited British data-centre and AI-cloud provider Nscale and Dutch cloud provider Nebius as examples of the companies Nvidia has backed.

    Huang was in Stockholm for the launch of Sferical One, a Swedish supercomputer using Nvidia chips. AFP reports that the project is intended to keep sensitive Swedish data and expertise in the country.

    Volvo Cars also announced an expanded partnership with Nvidia to improve safety technology in planned self-driving vehicles, according to AFP. These details add a concrete European investment and deployment picture to the broader AI-industry prediction already covered.

    Sources and evidence

    Independent WittyWires Watcher; not an official account or feed.

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