• Nvidia's CEO Jensen Huang states China is on track to win the AI race.
• Huang urges the U.S. to accelerate efforts in AI development.
• Chinese energy subsidies are aiding Beijing's semiconductor drive.
• U.S. restrictions on Nvidia chips hinder competition in AI technology.
• Nvidia clarifies Huang's statements about China's position in AI.

Nvidia CEO Jensen Huang has expressed significant concerns regarding China's advancements in artificial intelligence, stating that "China is going to win the AI race." He delivered this assertion at a recent event in London, emphasizing that U.S. policymakers need to expedite efforts in AI development to remain competitive, according to Channel News Asia and South China Morning Post.

Huang pointed out that China's substantial energy subsidies are bolstering its semiconductor sector, which is critical for powering AI technologies. He reiterated that China is "nanoseconds behind America in AI," and has continually called upon Washington to attract global developers to U.S. platforms, highlighting the strategic importance of industry growth, as said in reports by Channel News Asia and South China Morning Post.

In response to Huang's remarks, Nvidia clarified that while he stated that "China is going to win the AI race," he maintained that the U.S. must not lose sight of retaining its competitive edge. Huang emphasized the need for the U.S. to engage with the vast Chinese developer market, arguing that a market exclusion policy could prove detrimental in the long term, according to India Times.

Furthermore, U.S. government restrictions have led to Nvidia's most advanced chips being unavailable in China due to concerns over national security and potential military advantages. Huang has urged the U.S. to reassess these restrictions, claiming that they inadvertently enhance China's capabilities in developing its technology. This sentiment echoes the warnings he presented at the developer conference in Washington, where he voiced concerns about a policy that would sideline significant portions of the global AI developer community from American technology, highlighted in reports by India Times.