Jensen Huang: Chinese open models like Kimi are 'good enough,' backs open source
Speaking at a forum hosted by DBS Bank, NVIDIA CEO Jensen Huang said Chinese AI models including DeepSeek, Kimi and GLM are "already good enough." He described himself as a firm supporter of open source, calling it the best way to drive efficiency gains, and said the market will decide which models best fit different use cases. Huang also rejected the framing of AI competition as "a race with a finish line," saying both the US and China will be long-term players, and argued that cheaper, more open models will let more people and companies benefit from AI, increasing demand for NVIDIA chips, data centers and compute. The report says he argued the market first misread DeepSeek's impact and that Wall Street is now misreading Kimi's, and that quantum computing could reach mainstream adoption within three to five years.
Huang's public backing of Chinese open-weight models frames open-source competition as something that expands, rather than erodes, demand for compute.