Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman support Trump’s $100,000 H-1B visa fee increase
Trump announced the increase in H-1B visa fee on Friday and required employers to submit payment documents before petition on behalf of workers. White House, applicants will face 12 -month petition restrictions until the payment is completed.
Technology executives commented on the H-1B visa changes during a CNBC interview with Jon Fortt, where NVIDIA announced a $ 100 billion investment in Openai for the construction of Artificial Intelligence Data Center.
Also read: A new generation of artificial intelligence to invest $ 100 billion in NVIDIA OpenAi, NVDA stock record is high
“We want the brightest minds to come to the United States and remember that migration is the basis of the American dream,” Huang said on Monday. He said. “We represent the American dream. And I think it’s really important for our immigrant company and is really important for the future of our nation, and I’m glad to see that President Trump has done.”
Openai CEO Sam Altman supports the H-1B visa regulation
Openai CEO Sam Altman, Trump’s H-1B visa changes, also emphasized the benefits of getting talent.
“We must take the smartest people in the country, and it seems good for me to facilitate this process and at the same time summarizing financial incentives.” He said.
H-1B Visa fee on technology and financial sectors
The $ 100,000 H-1B visa fee represents a significant change for US technology and financial sectors, which are connected to the program for high-skilled immigrants. India and China, 71 percent of last year, respectively and 11.7 percent of H-1B visa holders. Many employers use H-1B workers to address the technical role problems that are not filled with American labor supply.
NVIDIA OpenAi Partnership announcement during the H-1B debate
The H-1B visa was accompanied by the announcement of NVIDIA’s investment of $ 100 billion in Openai. The partnership focuses on creating data centers worth hundreds of billions of dollars using NVIDIA’s AI processors.
Also read: Analysts react to Nvidia’s investment of $ 100 billion in Openai
Cooperation represents one of the largest investments in artificial intelligence infrastructure by combining Openai’s AI development capabilities with NVIDIA’s semiconductor technology.
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