Nvidia CEO Jensen Huang emphasized the importance of every country developing its own artificial intelligence infrastructure to harness economic potential and preserve cultural autonomy. Speaking at the World Government Summit in Dubai, Huang, whose firm has catapulted to a $1.73 trillion stock market value due to its dominance of the market for high-end AI chips, said his company is 'democratizing' access to AI due to swift efficiency gains in AI computing. He dismissed exaggerated fears about AI risks, citing successful regulation in other industries. Despite recent US restrictions on some AI chips, Nvidia is collaborating with Chinese and Middle Eastern customers to ensure compliance. Huang did not address this issue directly but focused on the broader imperative for AI development. Nvidia is set to report fourth-quarter earnings on Feb. 21.