N Nvidia CEO Jensen Huang has declined an invitation to testify before the Senate Banking Committee.

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren to testify before the Senate Banking Committee this Thursday, as lawmakers increase scrutiny of the chipmaker's China business and its role at the center of the global AI boom. Huang's decision means one of the most powerful executives in AI will not appear at a hearing focused on American AI development, innovation, affordability and U.S. technological dominance. Warren, D-Mass., had asked Huang to testify about Nvidia's business in China and its views on U.S. export controls, which govern the sale of advanced American technology abroad. "I appreciate Mr. Huang's response, but the American people deserve answers in a public forum," Warren said in a statement. "NVIDIA sits at the center of some of the most important questions facing our country about artificial intelligence, economic competition, and national security." "If Mr. Huang has time to attend a $1 million-a-head dinner at Mar-a-Lago and fly across the world to meet with President Xi Jinping of China, he should be able to find time to answer questions from Congress," Warren added. In a letter to Warren, Huang said he was unable to attend the hearing, titled "AI and the American Dream: Promoting Innovation, Affordability, and American Dominance," but said Nvidia appreciated the committee's focus on the issue. "NVIDIA designed, built, and delivered the first AI supercomputer to American researchers over a decade ago," Huang wrote. "Since that time, we have been dedicated to keeping American researchers, academics, startups, and businesses at the forefront of AI-related technologies." "American leadership in AI technologies cannot be taken for granted, but we are confident in the future and believe in the American system," Huang added. Huang said he would welcome Warren or any member of the committee to Nvidia's headquarters in Santa Clara, California, "to discuss our technology, the American AI ecosystem and how we can support U.S. leadership."

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