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.

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.

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.

Jensen Huang, Nvidia CEO, lauded China's AI contributions at a Beijing expo. He highlighted DeepSeek's efforts and China's rapid innovation. Nvidia will resume H20 chip sales to China after US assurances.

Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.

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

At a Pittsburgh summit, Trump praised massive AI and energy investments, called it a "golden age" for America, and insisted the US holds a lead over China in innovation.

Initiative eyeing partnerships with UAE, Saudi Arabia, Qatar and Kuwait for a regional alliance to counter the Iran-China-Russia axis