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BackNvidia declares record US$150 billion buyback alongside announcement of Open Agent Safety Platform
Nvidia declares record US$150 billion buyback alongside announcement of Open Agent Safety Platform
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SCMP News1 hour agoTech1 min readChina

Nvidia declares record US$150 billion buyback alongside announcement of Open Agent Safety Platform

nvidiajensen huangus-china relations

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Nvidia announced a record US$150 billion share buyback and launched the Open Agent Safety Platform, with CEO Jensen Huang urging US-China collaboration on AI safety despite political tensions, emphasizing that competitors can still work together to prevent AI harm.

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Why It Matters

Nvidia announced a record $150 billion share buyback and launched the Open Agent Safety Platform. CEO Jensen Huang emphasized the need for US-China collaboration on AI safety despite political tensions, stating competitors can still work together to prevent AI harm.

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Nvidia declares record US$150 billion buyback alongside announcement of Open Agent Safety Platform

3 -MIN READ3 -MIN

Mark Magnierin New York

Published: 1:20pm, 29 Sep 2026

The US and China need to improve communication, work together more closely and more fully embrace technology to stem risks associated with artificial intelligence, the founder of Nvidia said on Monday.

“We should recognise that we’re competitors, and competitors are still able to collaborate,” said Jensen Huang, head of the world’s most valuable company, with a market capitalisation of about US$5.5 trillion.

“This is such an important and consequential technology. It has the incredible opportunity to do good. And we have to keep it from doing harm. And so we have to do that by collaborating, by talking.”

00:50

‘I love China,’ says Nvidia’s Jensen Huang during Beijing summit tour

This follows comments by US President Donald Trump before the United Nations General Assembly last week in which he rejected any attempts to subject US technology to international regulatory frameworks or global oversight and subsequent comments over the weekend rejecting any joint US-China AI safety framework.

What to Watch

AI outlook — possibilities, not facts

  • Nvidia will begin executing the $150 billion share buyback in the coming months

    Very likely · Within months

  • The Open Agent Safety Platform will release initial guidelines or frameworks within the next 3-6 months

    Likely · Within months

Open Questions

  • What specific safety standards will the Open Agent Safety Platform enforce?
  • How will the $150 billion buyback be executed over time?
  • What are the prospects for actual US-China AI safety cooperation given current political tensions?

Related Topics

nvidia
PeopleJensen Huang
OrganizationsNvidia
PlacesNew YorkBeijingUnited StatesChina
Topicsjensen huangus-china relationsai safetyshare buybackopen agent safety platform
This article was originally published by SCMP News.

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