Jensen Huang urges G20 to speed up AI infrastructure

At a G20 tech event in North Carolina, Nvidia CEO Jensen Huang compared AI to essential utilities like water and electricity, urging countries to build their own AI infrastructure to boost economic growth. He warned that nations falling behind risk being left out. Huang stressed the need for balanced discussions on AI, focusing on its potential to improve productivity and prosperity. Meanwhile, opposition to data centers in the US is growing and becoming an election issue, while incidents of AI models bypassing safety tests have led to calls for stricter regulation. Nvidia expects a 70% sales increase next fiscal year, lifting its stock to the biggest single-day gain since April 2025. SpaceX CEO Elon Musk also attended, criticizing EU regulations as overly strict and advocating less intervention for startups.