Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their thoughts on the recent H-1B visa fee hike. Silicon Valley’s two influential tech leaders have weighed in on U.S. President Donald Trump’s controversial decision to raise the cost of H-1B visas to $100,000 per application. For those unaware, the US President Donald Trump announced a hike in the fee of H-1B visa application. The announcement sent shockwaves in the technology industry.
Jensen Huang: Immigration is the American dream
In an interview with CNBC, Nvidia CEO Jensen Huang stressed on the importance of both the tech industry and the US economy. “We want all the brightest minds to come to the U.S. and remember immigration is the foundation of the American Dream. We represent the American Dream. Immigration is really important to our company and to our nation’s future,” said Huang.Huang comments came as Nvidia announced an investment of $100 billion in OpenAI, underscoring the scale of demand for top-tier talent in artificial intelligence and chipmaking.
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Sam Altman: Attracting the smartest people
On the other hand, OpenAI CEO Sam Altman has also voiced the same opinion as Huang. Altman feels framing the fee hike as part of a broader effort to streamline the system: “We need to get the smartest people in the country, and streamlining that process and also sort of outlining financial incentives seems good to me.”Altman also revealed that while the fee is steep, the underlying goal of attracting and retaining the best global talent aligns with the needs of the US tech sector.
Nvidia and OpenAI announce massive $100 billion partnership
Nvidia and OpenAI have announced a massive partnership, with the US-based chipmaker committing to invest $100 billion in the ChatGPT-maker and supply it with advanced data centre chips. The deal brings together two of its most influential companies in the artificial intelligence (AI) sector.According to a report by news agency Reuters, the collaboration involves two separate but intertwined transactions. Nvidia will make an initial $10 billion investment in OpenAI for non-voting shares once a definitive agreement is reached.
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