Jensen Huang and Howard Lutnick, right, during a fireside chat at the G20 Innovation Ministerial in Chapel Hill, North Carolina, on Sept. 2. Photographer: Cornell Watson/Bloomberg

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Nvidia, the world’s most valuable company, is the leading provider of AI accelerators, a key component for training and running artificial intelligence models. Last week the chipmaker projected sales growth of 70% for the next fiscal year, sending its shares on their biggest one-day rally since April 2025.

Other top tech executives have joined the two-day event to make similar calls for unfettered development of AI. On Tuesday, SpaceX CEO Elon Musk, whose ventures have made an all-in bet on the technology, accused the European Union of “extraordinarily high” regulations that stifle growth and urged a hands-off approach to new ventures.   

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