The Japan Times - Nvidia marks Paris tech fair with Europe AI push

EUR -
AED 4.382198
AFN 78.754674
ALL 96.774708
AMD 453.149301
ANG 2.136006
AOA 1094.207135
ARS 1723.102862
AUD 1.703562
AWG 2.147844
AZN 2.027442
BAM 1.958133
BBD 2.409352
BDT 146.164116
BGN 2.003902
BHD 0.44984
BIF 3543.996936
BMD 1.193246
BND 1.513406
BOB 8.265053
BRL 6.196645
BSD 1.1962
BTN 110.054406
BWP 15.599563
BYN 3.379194
BYR 23387.630134
BZD 2.405847
CAD 1.612422
CDF 2693.762547
CHF 0.916294
CLF 0.025959
CLP 1024.998187
CNY 8.291151
CNH 8.289429
COP 4358.929228
CRC 591.891888
CUC 1.193246
CUP 31.621031
CVE 110.398824
CZK 24.32057
DJF 213.014461
DKK 7.467264
DOP 75.160557
DZD 154.348858
EGP 55.874598
ERN 17.898697
ETB 185.131832
FJD 2.622039
FKP 0.865821
GBP 0.867049
GEL 3.215789
GGP 0.865821
GHS 13.067895
GIP 0.865821
GMD 87.70765
GNF 10498.001207
GTQ 9.178126
GYD 250.254403
HKD 9.315604
HNL 31.597639
HRK 7.540838
HTG 156.807821
HUF 381.264314
IDR 20023.868432
ILS 3.681565
IMP 0.865821
INR 109.70767
IQD 1563.749454
IRR 50265.506279
ISK 145.027398
JEP 0.865821
JMD 187.696961
JOD 0.846036
JPY 183.553496
KES 154.250804
KGS 104.349672
KHR 4801.014384
KMF 491.617467
KPW 1074.001913
KRW 1714.128315
KWD 0.365981
KYD 0.996775
KZT 600.868221
LAK 25678.663363
LBP 107122.636637
LKR 370.091721
LRD 221.344446
LSL 18.781995
LTL 3.523347
LVL 0.721783
LYD 7.487624
MAD 10.8345
MDL 20.12057
MGA 5321.878904
MKD 61.653933
MMK 2506.310149
MNT 4256.181546
MOP 9.616435
MRU 47.574622
MUR 54.20887
MVR 18.435607
MWK 2072.668697
MXN 20.600147
MYR 4.698762
MZN 76.069502
NAD 18.865481
NGN 1659.806193
NIO 43.189568
NOK 11.43188
NPR 176.109616
NZD 1.971279
OMR 0.458799
PAB 1.196155
PEN 3.989617
PGK 5.083822
PHP 70.236878
PKR 333.900229
PLN 4.209046
PYG 8027.167678
QAR 4.344732
RON 5.098262
RSD 117.403788
RUB 89.791784
RWF 1733.190447
SAR 4.47538
SBD 9.615301
SCR 17.094249
SDG 717.748765
SEK 10.549557
SGD 1.511223
SHP 0.895244
SLE 29.085359
SLL 25021.780252
SOS 681.970209
SRD 45.34754
STD 24697.792058
STN 24.610708
SVC 10.466336
SYP 13196.79832
SZL 18.849358
THB 37.471506
TJS 11.172143
TMT 4.188295
TND 3.373606
TOP 2.873051
TRY 51.903114
TTD 8.118705
TWD 37.455406
TZS 3036.811959
UAH 51.195332
UGX 4255.17589
USD 1.193246
UYU 45.264869
UZS 14555.155623
VES 437.738577
VND 30910.452286
VUV 142.675312
WST 3.241825
XAF 656.725554
XAG 0.010797
XAU 0.00023
XCD 3.224808
XCG 2.155741
XDR 0.816831
XOF 653.262056
XPF 119.331742
YER 284.471219
ZAR 18.895594
ZMK 10740.668787
ZMW 23.654963
ZWL 384.224865
  • RBGPF

    1.3800

    83.78

    +1.65%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0100

    23.71

    +0.04%

  • NGG

    0.3900

    85.07

    +0.46%

  • CMSD

    0.0392

    24.09

    +0.16%

  • AZN

    -0.6300

    92.59

    -0.68%

  • GSK

    0.5600

    50.66

    +1.11%

  • RELX

    -1.2100

    36.17

    -3.35%

  • RIO

    1.7600

    95.13

    +1.85%

  • BTI

    0.0600

    60.22

    +0.1%

  • BCE

    0.2200

    25.49

    +0.86%

  • BP

    0.3400

    38.04

    +0.89%

  • BCC

    -0.5500

    80.3

    -0.68%

  • VOD

    0.1400

    14.71

    +0.95%

  • JRI

    -0.0500

    12.94

    -0.39%

  • RYCEF

    -0.0700

    16.88

    -0.41%

Nvidia marks Paris tech fair with Europe AI push
Nvidia marks Paris tech fair with Europe AI push / Photo: Thibaud MORITZ - 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.

K.Yamaguchi--JT