{"id":59131,"date":"2025-07-16T19:17:45","date_gmt":"2025-07-16T19:17:45","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/chinas-ai-development-catalyst-for-global-progress"},"modified":"2025-07-16T20:30:52","modified_gmt":"2025-07-16T20:30:52","slug":"chinas-ai-development-catalyst-for-global-progress","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/chinas-ai-development-catalyst-for-global-progress","title":{"rendered":"China&#8217;S AI Development Catalyst for Global Progress"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>The US tech giant Nvidia&#8217;s chief Jensen Huang Wednesday hailed China\u2019s development in artificial intelligence (AI), saying it was a \u201ccatalyst\u201d for global progress.<\/p>\n<p>\u201cChina\u2019s open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution,\u201d Huang told the opening ceremony of the China International Supply Chain Expo in Beijing.<\/p>\n<p>Dubbing AI as a \u201cfundamental infrastructure\u201d like electricity and the internet, he said: \u201cAI is transforming every industry, from scientific research and healthcare to energy, transportation, and logistics,\u201d according to a video record of the event.<\/p>\n<p>Huang, the co-founder of Nvidia, said the large language models developed by Chinese companies &#8212; including DeepSeek, Alibaba Group Holding, Tencent Holdings, MiniMax, and Baidu &#8212; were \u201cworld-class.\u201d<\/p>\n<p>The first public company in history to reach the milestone of the $4-trillion market capitalization, Nvidia last week surpassed both Apple and Microsoft &#8212; which reached a $3-trillion market value before Nvidia &#8212; and it has become the most valuable corporation in the world.<\/p>\n<p>Founded in 1993, the California-based business first crossed the $2 trillion threshold in February 2024, and then topped $3 trillion in June.<\/p>\n<p>Nvidia has benefited greatly from the rising demand for AI processors and gear, especially after the development of AI chatbots such as ChatGPT.<\/p>\n<p>The company said Tuesday that it will resume the sales of its H20 AI chips to China after the US government pledged to remove licensing restrictions.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. The US tech giant Nvidia&#8217;s chief Jensen Huang Wednesday hailed China\u2019s development in artificial intelligence (AI), saying it was a \u201ccatalyst\u201d for global progress. \u201cChina\u2019s open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution,\u201d Huang told the opening ceremony of the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":59130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[6214,2747,6216,2166,171,6217,5332,5897,245,6215,2934,6213,443],"class_list":["post-59131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-alibaba-group-holding","tag-artificial-intelligence","tag-baidu","tag-chatgpt","tag-china","tag-china-international-supply-chain-expo","tag-deepseek","tag-jensen-huang","tag-lesotho","tag-minimax","tag-nvidia","tag-tencent-holdings","tag-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - 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