Free Trial

Nvidia chief calls AI ‘the greatest equalizer’ — but warns Europe risks falling behind

NVIDIA CEO Jensen Huang delivers his keynote address Wednesday, June 11, 2025 at the Vivatech fair in Paris. (AP Photo/Michel Euler)

Key Points

  • At VivaTech in Paris, Nvidia CEO Jensen Huang touted AI as “the greatest equalizer,” saying it democratizes innovation by lowering access costs.
  • Nvidia unveiled a major expansion of AI infrastructure in Europe, deploying 18,000 Blackwell chips with Mistral AI in France and launching AI clouds and labs across Germany, Italy, Spain, Finland and the U.K.
  • Huang framed AI “factories” as critical national infrastructure, calling for sovereign AI systems that preserve local data ownership and align with cultural values.
  • He warned that Europe’s cautious regulatory approach could leave the bloc falling behind the U.S. and China in the global AI race despite its leadership on digital rights.
  • MarketBeat previews top five stocks to own in July.

PARIS (AP) — Will artificial intelligence save humanity — or destroy it? Lift up the world’s poorest — or tighten the grip of a tech elite?

Jensen Huang — the global chip tycoon widely predicted to become one of the world’s first trillionaires — offered his answer on Wednesday: neither dystopia nor domination. AI, he said, is a tool for liberation.

Wearing his signature biker jacket and mobbed by fans for selfies, the Nvidia CEO cut the figure of a tech rockstar as he took the stage at VivaTech in Paris.

“AI is the greatest equalizer of people the world has ever created,” Huang said, kicking off one of Europe’s biggest technology industry fairs.

Huang’s core argument: AI can level the playing field, not tilt it. Critics argue Nvidia’s dominance risks concentrating power in the hands of a few. But Huang insists the opposite — that by slashing computing costs and expanding access, “we’re democratizing intelligence” for startups and nations alike.

But beyond the sheeny optics, Nvidia used the Paris summit to unveil a wave of infrastructure announcements across Europe, signaling a dramatic expansion of the AI chipmaker’s physical and strategic footprint on the continent.

In France, the company is deploying 18,000 of its new Blackwell chips with startup Mistral AI. In Germany, it’s building an industrial AI cloud to support manufacturers. Similar rollouts are underway in Italy, Spain, Finland and the U.K., including a new AI lab in Britain.

Other announcements include a partnership with AI startup Perplexity to bring sovereign AI models to European publishers and telecoms, a new cloud platform with Mistral AI, and work with BMW and Mercedes-Benz to train AI-powered robots for use in auto plants.

The announcements underscore how central AI infrastructure has become to global strategy — and how Nvidia, now the world’s most valuable chipmaker, is positioning itself as the engine behind it.

As the company rolls out ever more powerful systems, critics warn the model risks creating a new kind of “technological priesthood” — one in which only the wealthiest companies or governments can afford the compute power, energy, and elite engineering talent required to participate. That, they argue, could choke the bottom-up innovation that built the tech industry in the first place.

Huang pushed back. “Through the velocity of our innovation, we democratize,” he said, responding to a question by The Associated Press. “We lower the cost of access to technology.”

As Huang put it, these factories “reason,” “plan,” and “spend a lot of time talking to” themselves, powering everything from ChatGPT to autonomous vehicles and diagnostics.

But some critics warn that without guardrails, such all-seeing, self-reinforcing systems could go the way of Skynet in “ The Terminator ” movie — vast intelligence engines that outpace human control.

To that, Huang offers a counter-model: layered AI governance by design. “In the future,” he said, “the AI that is doing the task is going to be surrounded by 70 or 80 other AIs that are supervising it, observing it, guarding it, ensuring that it doesn’t go off the rails.”

He likened the moment to a new industrial revolution. Just as electricity transformed the last one, Huang said, AI will power the next — and that means every country needs a national intelligence infrastructure. That’s why, he explained, he’s been crisscrossing the globe meeting heads of state.

“They all want AI to be part of their infrastructure,” he said. “They want AI to be a growth manufacturing industry for them.”

Europe, long praised for its leadership on digital rights, now finds itself at a crossroads. As Brussels pushes forward with world-first AI regulations, some warn that over-caution could cost the bloc its place in the global race. With the U.S. and China surging ahead and most major AI firms based elsewhere, the risk isn’t just falling behind — it’s becoming irrelevant.

Huang has a different vision: sovereign AI. Not isolation, but autonomy — building national AI systems aligned with local values, independent of foreign tech giants.

“The data belongs to you,” Huang said. “It belongs to your people, your country... your culture, your history, your common sense.”

But fears over AI misuse remain potent — from surveillance and deepfake propaganda to job losses and algorithmic discrimination. Huang doesn’t deny the risks. But he insists the technology can be kept in check — by itself.

The VivaTech event was part of Huang’s broader European tour. He had already appeared at London Tech Week and is scheduled to visit Germany. In Paris, he joined French President Emmanuel Macron and Mistral AI CEO Arthur Mensch to reinforce his message that AI is now a national priority.

___

Chan reported from London.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Defense Stocks Set to Crush the S&P This Summer
Analysts Are Watching These 4 Penny Stocks—You Should Too
Congress Is Pouring Millions Into These 6 Surprising Stocks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines