As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace the West, raising concerns that America is losing its technological edge.
At a time when artificial intelligence is reshaping global power, Nvidia's chief executive has warned that the U.S. risks surrendering its lead to China. Speaking at the Financial Times' Future of AI Summit, Jensen Huang said the West is being held back by "cynicism" and regulatory overreach, while Beijing's state-backed push is fuelling rapid advances in AI development.
Huang cautioned that a growing patchwork of state-level rules in the U.S. could soon create "50 new regulations," splintering innovation and slowing progress. By contrast, he pointed to China's energy subsidies that make it cheaper for companies to power massive data centres and train AI systems, remarking that "power is free" for Chinese firms developing domestic alternatives to Nvidia's chips.
His remarks come as the Trump administration maintains its export ban on Nvidia's most advanced Blackwell chips to China, despite a recent meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
Huang has previously warned that China's AI systems are fast closing the gap with American models and that restricting chip exports may backfire by driving Beijing toward full technological self-sufficiency.
Following his meeting with Xi, Trump told CBS News that the U.S. would retain exclusive access to the most sophisticated chips, saying, "The most advanced, we will not let anybody have them other than the United States."
White House spokesperson Karoline Leavitt reinforced that stance on Tuesday, stating, "As for the most advanced chips, the Blackwell chip, that's not something we're interested in selling to China at this time."
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Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
Nvidia has announced a major partnership with the South Korean government and top companies to strengthen the country’s artificial intelligence capabilities by supplying hundreds of thousands of its advanced GPUs.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
U.S. Secretary of State Marco Rubio on Sunday (15 February) called it “troubling” a report by five European allies blaming Russia for killing late Kremlin critic Alexei Navalny using a toxin from poison dart frogs.
Israel’s National Guard is preparing to deploy drones capable of firing tear gas at Palestinians in the occupied West Bank, including East Jerusalem, as part of security preparations ahead of the Muslim holy month of Ramadan, Israeli Channel 12 reported on Saturday.
ByteDance will take steps to prevent the unauthorised use of intellectual property on its artificial intelligence (AI) video generator Seedance 2.0, the Chinese technology firm said on Monday.
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BMW is recalling a mid six figure number of vehicles worldwide after identifying a potential fire risk linked to the starter motor.
British chipmaker Fractile will invest £100 million over the next three years to expand its artificial intelligence hardware operations in the UK, opening a new engineering facility in Bristol as it ramps up production of next-generation AI systems.
The European Union has launched its largest semiconductor pilot line under the European Chips Act, investing €700 million ($832 million) in the new NanoIC facility at IMEC in Leuven, Belgium, as part of efforts to strengthen Europe’s technological sovereignty.
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