Global leaders eager to lead in AI competition

In a recent interview, Nvidia CEO Jensen Huang and Cisco CEO Chuck Robbins discussed the global competition in artificial intelligence. They spoke with CNBC's Jim Cramer about the urgency felt by world leaders to take part in advancing AI technology. Huang emphasized the importance of AI in today's world, saying it has become crucial for countries. He noted that no leader wants to fall behind in this technology, similar to the significance of the internet in the past. Robbins added that the U.S. government wants to maintain its lead in the AI race. He also mentioned concerns about potential tariffs affecting semiconductor imports, which tech companies depend on. However, Robbins expressed confidence that the administration will pursue smart trade agreements to support the AI sector. Both CEOs announced a partnership between Cisco and Nvidia aimed at improving AI technology for businesses. Huang explained that AI has transformed computing processes across various sectors. He believes it is essential to update the existing enterprise AI infrastructure, which has not changed much in recent years. This collaboration seeks to modernize how companies utilize AI and ensures they stay competitive in the rapidly evolving tech landscape.