Indian Entrepreneur@indianentrepreneurEU leaders are convening in Dublin on Friday for their inaugural AI summit.
The aim is to close the gap with the US and China while working through funding and regulatory questions.
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Indian Entrepreneur@indianentrepreneurIndian Entrepreneur@indianentrepreneurColette Kress is now Nvidia's interim CEO and has pledged to keep the chipmaker at the centre of AI. She admitted the firm is going through a very hard stretch.
Her first job is steadying things after founder Jensen Huang resigned over allegations of an affair, including with a woman reportedly tied to Chinese intelligence, a link China has denied.
Kress, a former CFO who joined in 2013 when Nvidia was mainly a gaming chip maker, helped steer its shift to AI and led talks on a $30 billion OpenAI investment.
Indian Entrepreneur@indianentrepreneurAt a White House meeting, Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over the government's continued delay in blacklisting Megaspeed.
The company is accused of illegally routing US-made AI chips to China.
Indian Entrepreneur@indianentrepreneurBoston Consulting Group has labelled India a "Rising Contender" in artificial intelligence, pointing to its deep talent pool and skilled Indians returning from abroad.
India ranks second from the top of four tiers for AI readiness, trailing seven "Pioneers" such as the US and China. The government's no-cost Yuva AI for ALL course aims to train 10 million citizens.
BCG observes that compute can be procured within months while talent cannot, so how quickly India turns its workforce into deployed AI capacity is still uncertain.
Indian Entrepreneur@indianentrepreneurNvidia CEO Jensen Huang now faces allegations that reach well beyond his private life. He is accused of an affair with a Chinese businesswoman that allegedly helped move billions of dollars' worth of AI chips subject to US rules into China.
A network of companies across China and Southeast Asia is alleged to have passed Nvidia processors, including some covered by US export controls, on to Chinese businesses. The shipment involved is said to be worth at least $7.5 billion.
Indian Entrepreneur@indianentrepreneurNvidia CEO Jensen Huang has admitted to an affair with a woman US intelligence reportedly concluded was passing information to Beijing. He apologised to his wife and the company in an open letter, expressing remorse.
Donald Trump said Huang told him he was unaware the woman was an agent, and that he believed him. The FBI is looking into the matter, and Nvidia's board has launched an independent inquiry.
The board says it has no reason to think national security or company secrets were compromised. China has rejected the spying accusations.
