Nvidia Chief Executive Officer Jensen Huang told G20 countries on Wednesday to speed up artificial intelligence infrastructure buildouts, warning that excessive AI regulation could leave nations behind. At the same summit, the Trump administration pitched member states on a lighter-touch framework for AI governance.
Huang said Nvidia would invest “nearly $1 trillion in U.S. infrastructure in this year alone,” citing the U.S. regulatory environment and energy policy.
He compared AI with public utilities such as water and electricity, calling it “the greatest equalizer,” and said “every country needs to build infrastructure to support its own economy.”
The remarks carried weight for markets. Nvidia said last week that revenue would rise 70% in the next fiscal year, and the announcement triggered the stock’s biggest one-day gain since April 2025. As of publication, Nvidia shares were up more than 4% in Wednesday intraday trading. The report said Huang’s upbeat comments at the summit reinforced expectations that global AI capital spending will keep expanding.
Trump administration backs the Carolina Principles
The summit was hosted by the United States. Trump administration officials are pushing G20 members to adopt a set of AI governance guidelines known as the Carolina Principles.
According to the report, the document explicitly warns countries against creating separate regulators for AI and instead promotes stronger cooperation between governments and private companies to test emerging technologies.
In a conversation with U.S. Commerce Secretary Howard Lutnick, Huang laid out his regulatory view in more detail. He said governments should regulate “real and concrete harms,” not “theoretical and hypothetical harms.” He also said responsibility for product safety should rest with companies themselves rather than government officials.
“The technology is still taking shape,” Huang said. “Every company must take responsibility for developing technology safely.”
He also warned that the “worst outcome” a country could face is “being left behind,” and urged the public and policymakers not to let fear of AI drive the discussion, saying the focus should be on AI’s potential to support economic prosperity.
Tech executives focus on data center bottlenecks
Executives from several technology companies made similar arguments during the two-day summit, calling for fewer obstacles to AI development.
SpaceX CEO Elon Musk appeared at the event on Tuesday and said the European Union’s “extremely high” regulatory standards were killing growth. He called for a more hands-off approach to emerging industries.
Anthropic co-founder Tom Brown, who has been known for advocating AI safety guardrails, also stressed the need to accelerate data center construction globally during his conversation with Howard Lutnick.
Brown told G20 delegates that countries could capture AI benefits if they cleared barriers to technology infrastructure projects. He added that he “really liked” Trump’s social media post earlier this week backing data center projects, calling it a source of prosperity.
“This is clearly the bottleneck for all of our progress,” Brown said. “We are facing severe power and labor shortages, and we are struggling to meet AI demand.”