Jensen Huang & Sam Altman Support $100K H-1B Fee Policy

Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have both expressed their opinions on the recent H-1B visa fee hike. Silicon Valley's two most influential tech leaders have weighed in on US President Donald Trump's contentious decision to raise the cost of H-1B visas to $100,000 per applicant. For those who are unaware, US President Donald Trump has announced an increase in the fee for H-1B visa applications. The announcement sent shockwaves throughout the technology industry.

Key Highlights

• Jensen Huang says raising $100K H-1B fee ensures U.S. attracts top global talent.
• Sam Altman supports fee hike, calling it merit-based strategy to streamline international hiring.

Jensen Huang: Immigration is the American Dream

In an interview, Nvidia CEO Jensen Huang emphasized the importance of the tech industry and the US economy. "We want the brightest minds to come to the United States, and remember that immigration is the foundation of the American Dream. We represent the American dream. "Immigration is critical to our company and our country's future," Huang said.

Huang's comments came as Nvidia announced a $100 billion investment in OpenAI, demonstrating the scale of demand for top-tier talent in artificial intelligence and chipmaking.

Sam Altman: Attracting the most intelligent people

On the other hand, OpenAI CEO Sam Altman has expressed the same viewpoint as Huang. Altman believes that framing the fee increase as part of a larger effort to streamline the system is beneficial: "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 further disclosed that, while the fee is high, the underlying goal of attracting and retaining the best global talent is consistent with the needs of the US technology sector.

Also Read: President Trump Raises H-1B Visa Fee to $100,000

Nvidia and OpenAI announced a massive $100 billion partnership

Nvidia and OpenAI have announced a massive partnership, with the US chipmaker committing $100 billion to the ChatGPT maker and supplying advanced data center chips. The merger unites two of its most influential companies in the artificial intelligence (AI) sector.

According to Reports, the collaboration consists of two separate but intertwined transactions. Once a definitive agreement is reached, Nvidia will invest an initial $10 billion in OpenAI in exchange for non-voting shares.