Nvidia CEO Jensen Huang has issued a stark warning about the narrowing gap between the U.S. and China in artificial intelligence, stating the U.S. is “not far ahead.” With China scaling its AI infrastructure, investing in domestic chip production, and fostering mass tech adoption, Huang urges a more balanced strategy to secure America’s AI leadership. Meanwhile, the U.S. has approved multi-billion-dollar Nvidia chip exports to the UAE, Citi is backing stablecoin infrastructure firm BVNK to bridge fiat and crypto ecosystems, and Dubai Aerospace Enterprise has successfully priced a $650 million sukuk, drawing over $1.8 billion in investor demand.
