Business Brief: Nvidia’s into nation building. We cool with that?

If one analyst catches Nvidia chief executive Jensen Huang so much as sneezing tomorrow, I’d stay away from market news for a few days. Below, as investors sharpen their knives in case the AI giant reports merely terrific earnings, we look at why Nvidia’s long-term growth could be damaging in unexpected ways.analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses on bad loans.

The biggest problem might have been best illustrated by Huang himself. At the World Governments Summit in Dubai this February, heHe then told these leaders, who were gathered in a country that criminalizes being gay, what he would do if he were a leader of a developing nation: “The first thing that I would do, of course, is I would codify the language, the data of your culture into your own large language model.”That possibility is one of many concerns held by critics of sovereign AI.

Canada, which has an “AI Sovereign Compute Strategy” as part of a broader set of measures, seems attuned to these risks. As part of its efforts to spur the development of Canadian-owned and located AI infrastructure, it launched consultations with businesses, developers, researchers and Indigenous groups that end on Sept. 6.

Huang’s own remarks suggest his strategy is to form the building blocks of the next industrial revolution, then leave it to his client countries to decide how to use them.

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