Nvidia CEO Jensen Huang has been touring Europe, urging the continent to accelerate its efforts in the artificial intelligence race. Speaking at the company’s GTC event in Berlin, Huang emphasized the need for Europe to harness its strengths and invest more seriously in AI development.
Huang’s call to action comes as Meta, the parent company of Facebook, announced plans to issue a new class of nonvoting stock. This move is aimed at raising additional funds to support its ambitious AI initiatives. Meta also increased its capital spending outlook, signaling a broader push across the tech industry to invest heavily in AI technologies.
The tech sector is increasingly focused on AI, with major players like Nvidia and Meta leading the charge. Huang’s remarks highlight the competitive nature of the AI landscape, where regions and companies must innovate rapidly to stay ahead.