The US tech giant Nvidia's chief Jensen Huang Wednesday hailed China's development in artificial intelligence (AI), saying it was a “catalyst” for global progress.

China's Security Ministry spoke of the risks posed by the use of AI, which it said could become a threat to data and security.

Nvidia chief executive Jensen Huang on Thursday hailed China's supply chain as a "miracle", highlighting China's deep capabilities in artificial

China is investing nearly $100 billion in artificial intelligence as part of a state-driven plan to rival the US in advanced technology. With extensive government support for AI infrastructure, startups,

But Nvidia now says that Trump, having met personally with Huang, is promising to issue those licenses, which would enable Chinese AI companies to greatly accelerate model development and infrastructure buildout. And even though the H100 chips are officially still supposed to be off-limits, China may be able to get its hands on them as well.

For a company long defined by proprietary development, this move is a symbol of a broader technological undercurrent sweeping across China: from innovation to diffusion.

During the summit held in Pittsburgh, Pennsylvania on July 15, companies promised new data centers, new jobs, cybersecurity education, energy research, and more.