Nvidia to announce $2B in European investments
Nvidia CEO Jensen Huang said he plans to unveil $2 billion in new European investments next week, as the continent’s economic prospects get a boost from AI.
Nvidia CEO Jensen Huang plans to announce $2 billion in new European investments next week, according to Semafor. The investments are seen as a response to Europe's growing interest in AI, with the continent's economic prospects boosted by AI-related exports and investments, particularly in the UK. However, Europe still trails behind the US and China in terms of AI model production, with the US and China producing 59 and 35 notable AI models respectively, while France and the UK have produced one each.
Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
