Nvidia CEO Blasts AI Extinction Fears, Stock Rises Amid Industry Controversy

Nvidia's stock rose approximately 1% on Monday as CEO Jensen Huang dismissed concerns about the potential for AI to lead to human extinction by 2030.

Huang stated that there is a '0%' chance of this happening, contradicting recent statements from industry figures like Anthropic and OpenAI who have advocated for reduced AI development speed.

This stance puts Huang at odds with some prominent tech leaders, including Elon Musk and Sam Altman, who have called for moderation in AI advancement to ensure safety protocols are in place.

An antitrust lawsuit has also been filed against Anthropic, OpenAI, Google, and SpaceXAI, alleging that they conspired to slow down AI progress. However, Nvidia is not a defendant in this case.