Nvidia’s European spending spree is about much more than Europe

Welcome to Eye on AI.

Beatrice Nolan here.

In today’s issue: Nvidia CEO Huang says society shouldn’t tolerate AI cyber incidents .

Anthropic tells investors its quarterly revenue hit $16.8 billion ahead of its IPO.

Eight states sue OpenAI over child safety.

And more details on the OpenAI vs.

Apple lawsuit.

This week, Nvidia CEO Jensen Huang was in London as part of a European tour.

Jeremy Kahn and I caught up with him to discuss AI safety, Nvidia’s bet on open source, AI regulation, his thoughts on AI doomers, and how he makes his tea.

Spoiler: He’s not making the tea correctly.

The trip is part of a broader European charm offensive for Nvidia, and one that comes with a hefty checkbook.

Before London, Huang began his European Grand Tour in Paris, where he met Emmanuel Macron, Huang said Nvidia would unveil another $2 billion in European AI deals within a week.

That’s on top of the roughly $8 billion the company says it has put into the continent over the past year.

In London, Huang announced Nvidia was taking minority stakes in five UK start-ups, alongside new deployments with local organizations—while also doing an excellent Oprah Winfrey impression.