IT Home, October 14 — According to Bloomberg, NVIDIA CEO Jensen Huang announced during his visit to Europe that the company plans to add an additional $2 billion in investment. The European trip also included a meeting with French President Emmanuel Macron.
On the 13th local time, Jensen Huang revealed that NVIDIA invested $8 billion in Europe over the past year and will further increase investment on this foundation. He also announced investments in four French startups: Doctolib, Genesis AI, Pigment, and Entalpic.
As the world's largest AI chip manufacturer, NVIDIA has committed to investing hundreds of billions of dollars globally to accelerate the adoption of AI technology and drive demand for its own products.
As Jensen Huang visits Europe, public opposition to AI is growing. People are not only concerned about AI models going out of control, but also about the environmental impact of data centers with massive power consumption, leading to increased calls to restrict AI development.
Europe and the UK seek to participate in shaping safeguards to reduce the potential harms of AI. At an event in Paris, the first stop on his European tour, Huang Renxun bluntly stated, “Europe must join this competition.”
Next, he will also visit London and Berlin.
NVIDIA stated that during the meeting between Jensen Huang and President Macron, both parties discussed NVIDIA's investment in France, as well as topics such as open-source software and AI safety.
Jensen Huang has long advocated that Europe catch up with the United States' advanced AI technologies by developing open-source models, as they offer lower usage costs and greater flexibility for customization according to specific needs. “Open models are important because they can be tailored to meet the requirements of different languages and technological sovereignty.”
NVIDIA is a key partner of French company Mistral AI. Mistral develops open-weight models, which means the model parameters are publicly available, allowing other developers to freely use and modify them.
NVIDIA not only invested in Mistral but also supplies its data centers with AI accelerator chips. Mistral used 4,000 Grace Blackwell chips to train its latest model, Le Chonk.
Huang Renxun’s recent investments have also focused on advancing and popularizing open-source models, aiming to broaden AI’s application across the global economy and reduce reliance on products from a few major tech companies.
Jensen Huang also announced investments in four French startups: Doctolib, Genesis AI, Pigment, and Entalpic. Doctolib is one of France’s most well-known startups; since its founding in 2013, it has provided administrative management services for doctors and other healthcare professionals and has become a widely used platform for patients across Europe to book appointments.
Pigment primarily develops AI-powered enterprise management software, Entalpic applies AI to chemical and materials research, and Genesis AI focuses on robotics AI technology.
Jensen Huang expects physical AI, represented by humanoid robots, to become NVIDIA’s next major market.