The China Mail - Nvidia marks Paris tech fair with Europe AI push

USD -
AED 3.672504
AFN 64.000368
ALL 82.087167
AMD 368.450607
ANG 1.790403
AOA 918.000367
ARS 1428.330353
AUD 1.418842
AWG 1.801525
AZN 1.70397
BAM 1.689603
BBD 2.013822
BDT 122.983888
BGN 1.69088
BHD 0.37683
BIF 2970.152477
BMD 1
BND 1.283746
BOB 6.909421
BRL 5.061504
BSD 0.99987
BTN 95.052482
BWP 13.460326
BYN 2.766446
BYR 19600
BZD 2.010971
CAD 1.39945
CDF 2295.000362
CHF 0.796927
CLF 0.022916
CLP 904.902596
CNY 6.771504
CNH 6.76346
COP 3492.894475
CRC 454.839964
CUC 1
CUP 26.5
CVE 95.257224
CZK 20.874704
DJF 178.057103
DKK 6.461104
DOP 58.710207
DZD 133.120816
EGP 51.846573
ERN 15
ETB 157.556391
EUR 0.863904
FJD 2.215904
FKP 0.745521
GBP 0.745768
GEL 2.65504
GGP 0.745521
GHS 11.098441
GIP 0.745521
GMD 73.000355
GNF 8759.016889
GTQ 7.622133
GYD 209.191828
HKD 7.83605
HNL 26.736642
HRK 6.513804
HTG 130.733014
HUF 304.250388
IDR 17779.3
ILS 2.92082
IMP 0.745521
INR 95.110504
IQD 1309.835428
IRR 1375877.503816
ISK 124.650386
JEP 0.745521
JMD 158.489914
JOD 0.70904
JPY 160.22904
KES 129.480368
KGS 87.450384
KHR 4017.105093
KMF 426.00035
KPW 900.00035
KRW 1518.230383
KWD 0.30848
KYD 0.833312
KZT 488.937843
LAK 22017.191482
LBP 89543.518639
LKR 335.207982
LRD 181.97918
LSL 16.286467
LTL 2.95274
LVL 0.60489
LYD 6.372943
MAD 9.260766
MDL 17.462745
MGA 4172.605935
MKD 53.254719
MMK 2099.254457
MNT 3578.100965
MOP 8.070062
MRU 39.65617
MUR 47.250378
MVR 15.460378
MWK 1733.834392
MXN 17.222904
MYR 4.057604
MZN 63.903729
NAD 16.286467
NGN 1360.503725
NIO 36.793227
NOK 9.513504
NPR 152.084143
NZD 1.714972
OMR 0.384251
PAB 0.99987
PEN 3.400458
PGK 4.378213
PHP 60.771038
PKR 278.191957
PLN 3.66995
PYG 6122.413719
QAR 3.65522
RON 4.526104
RSD 101.386549
RUB 72.4589
RWF 1468.359898
SAR 3.753804
SBD 8.045573
SCR 14.065224
SDG 600.503676
SEK 9.47869
SGD 1.284504
SHP 0.746601
SLE 24.650371
SLL 20969.503664
SOS 571.465595
SRD 37.509504
STD 20697.981008
STN 21.165392
SVC 8.74865
SYP 110.532098
SZL 16.273163
THB 32.873038
TJS 9.318906
TMT 3.51
TND 2.933437
TOP 2.40776
TRY 46.232504
TTD 6.791931
TWD 31.621504
TZS 2624.681439
UAH 44.803507
UGX 3749.298086
UYU 40.387024
UZS 11975.292644
VES 581.95784
VND 26310
VUV 119.415431
WST 2.743477
XAF 566.677033
XAG 0.014699
XAU 0.000237
XCD 2.70255
XCG 1.801996
XDR 0.704764
XOF 566.677033
XPF 103.027947
YER 238.603589
ZAR 16.313845
ZMK 9001.203584
ZMW 17.467928
ZWL 321.999592
  • CMSC

    -0.0200

    22.33

    -0.09%

  • NGG

    0.3200

    81.84

    +0.39%

  • RBGPF

    0.0000

    60.72

    0%

  • RELX

    0.6300

    33.74

    +1.87%

  • GSK

    0.1800

    53.04

    +0.34%

  • BCE

    0.0200

    24.59

    +0.08%

  • VOD

    0.2700

    15.53

    +1.74%

  • BCC

    0.4800

    71.14

    +0.67%

  • RYCEF

    0.4600

    17.5

    +2.63%

  • RIO

    1.7100

    105.35

    +1.62%

  • CMSD

    -0.0400

    22.26

    -0.18%

  • JRI

    -0.0300

    12.8

    -0.23%

  • BTI

    0.9300

    62.32

    +1.49%

  • AZN

    -3.5300

    178.75

    -1.97%

  • BP

    0.1000

    42.78

    +0.23%

Nvidia marks Paris tech fair with Europe AI push
Nvidia marks Paris tech fair with Europe AI push / Photo: © AFP

Nvidia marks Paris tech fair with Europe AI push

Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe.

Text size:

"In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told a packed hall in a southern Paris convention centre, striding around the stage wearing his trademark leather jacket.

He also announced a multi-billion-dollar partnership with French AI champion Mistral AI.

People from around the globe thronged out of packed metro trains into the halls, crammed with stands in blaring colours showing off the latest innovations from startups, tech giants and more traditional firms.

Vivatech regular President Emmanuel Macron was expected later Wednesday, with a walking tour and chats with French tech startups on the agenda.

Around 14,000 startups and more than 3,000 investors were expected in Paris, while organisers forecast total visitor numbers to at least equal last year's 165,000 people.

- Nvidia headlining -

Nvidia's Huang took top billing with an opening presentation of almost two hours that drew bouts of rapturous applause from attendees.

The US firm's tie-up with Mistral will see the companies build a cloud computing platform powered by 18,000 of Nvidia's "Blackwell" high-end chips.

Basing hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership".

Nvidia will also intensify work with existing partners like Germany's Siemens and France's Schneider Electric, Huang said.

And it will help build multiple data centres in seven European countries.

Europe is well behind competitors like the United States and China in building up the computing power needed to power generative artificial intelligence.

The continent hosts "less than five percent of global computing power, whereas we consume 20 percent," French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to Vivatech.

French digital affairs minister Clara Chappaz said France would "continue to do all we can to make the country the best place in the world to start and develop businesses and build the technology we need".

But she acknowledged that AI in particular "has never been as political as it is today".

- Trade war -

Nvidia has seen export restrictions slapped on its top-performing chips by Washington, with American politicians leery of ceding their country's lead in generative AI.

Remaining high-tech controls on China are at issue in high-stakes trade talks with Beijing.

Huang has warned that the US' superpower rival is nevertheless making swift strides to catch up.

There was little sign of impact from export restrictions on Nvidia's chip sales in its May earnings release.

But the company has warned the braking effect may be larger in the current quarter.

US politics also preoccupies many European tech leaders and policymakers.

Concerns range from Trump's mercurial tariff policy to the continent's ability to stand on its own without US tech giants -- and the massive gap in funding for AI development between the two sides of the Atlantic.

"Sovereignty, which wasn't as important in the conversation just a year or two years ago, has become an absolutely strategic priority," Vivatech managing director Francois Bitouzet told AFP.

Macron is expected to again emphasise "European technological sovereignty" on Wednesday, the Elysee said.

Such remarks from the president would build on his hyping of French and European openness to AI at a Paris global summit in February.

Mistral co-founder Mensch is set to discuss AI with Macron and Huang at a roundtable at the end of the first day of the event, with the three later dining together behind closed doors at the president's Elysee Palace residence.

V.Liu--ThChM