On his third trip to China in a year, Nvidia CEO Jensen Huang – head of the world’s most valuable company – was on a full-blown charm offensive. As a guest of honour at the China International Supply Chain Expo,

Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.

The Commerce Department allows Nvidia to sell H20 AI chips to China despite security concerns, and experts are divided on the U.S. technological advantage.

Today’s Forbes Daily covers potential Federal Reserve chair replacements, the wealthiest get richer off bitcoin, a new biotech billionaire, AI in medicine and more.

Nvidia CEO Jensen Huang says AI won't erase jobs but will transform how we work — starting with how we think and ask questions.

Huang’s comments stand in stark contrast to those of Anthropic CEO Dario Amodei, who said AI could eliminate half of all entry-level white collar jobs and spike unemployment by double digits over the next five years. Amazon CEO Andy Jassy has also warned AI will reduce the company’s total corporate workforce.

China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would

Jensen Huang, Founder & CEO of Nvidia, delivers a speech at the opening ceremony of the third China International Supply Chain Expo in Beijing, on July 16, 2025. Photo: Chi Jingyi

Huang has argued that “100% of everybody’s jobs will be changed” by AI but not erased, as said by many. Rather than causing mass unemployment, Huang envisions AI as a tool t