The European Union is investing much less in artificial intelligence than the USA and China and that has to change, says Nvidia boss Jensen Huang.

According to Nvidia CEO Jensen Huang, the European Union urgently needs to invest more in AI to accelerate the development of the technology. “Every country recognizes that data is a national resource,” he said in Copenhagen. Huang believes Europe needs to invest in AI hardware to close this gap, particularly Nvidia GPUs. He came to present the new supercomputer Gefion in the Danish capital.

Legally correct

Although Europe ranks third in investment, European countries were among the first to introduce strict AI legislation. This is why larger companies are more reluctant to bring their products to Europe. In terms of development, European companies such as Mistral and Aleph Alpha are being overtaken. According to a study, Europe’s GDP could increase by up to 1.4 trillion euros if they use more AI.

Nvidia is a global leader in the production of GPUs, which are in high demand for their use in AI hardware. For example, ChatGPT was created by OpenAI thanks to thousands of Nvidia GPUs. The Gefion supercomputer is also powered by 1,528 Nvidia graphics cards. Denmark wants to use the supercomputer to discover drugs, diagnose and treat the sick, and solve other complex challenges in the biomedical world.

Jensen Huang also had good news to announce in Copenhagen. A design flaw that delayed production of the Blackwell chips has finally been fixed. Nvidia can finally start ramping up production and wants to complete the first deliveries from the fall of the third quarter.