On September 19th, US President Trump announced an increase in the H-1B work visa application fee to $100,000, prompting many tech professionals overseas holding these visas to rush back to the US before the deadline, triggering a visa frenzy. In response, NVIDIA CEO Jensen Huang and OpenAI CEO Sam Altman expressed their delight at President Trump's promotion of immigration-friendly policies, which will help the United States continue to attract top global talent.
Trump raises H-1B fees, triggering visa storm
On September 19th, the Trump administration decided to increase the H-1B visa fee to $100,000. Employers must pay the fee and provide supporting documentation before applying for an overseas skilled worker. Failure to pay the fee will result in a 12-month visa restriction for that employee.
This move has significant implications for the technology and financial industries, as the US H-1B program primarily fills high-skilled job openings domestically. With India and China accounting for 71% and 11.7% of H-1B holders, respectively, in 2024, the new regulations will create significant financial pressure for businesses that rely on skilled talent from Asia.
Huang Renxun is pleased to see this happen: it will accelerate the flow of talent into the United States
In this regard, Huang Renxun emphasized in an exclusive interview that immigration is the foundation of the American dream and the key to the future of companies and the country. He said:
"We want all the brightest minds to come to the United States. Immigration is important to our companies and it's critical to the future of our country. I'm glad to see President Trump is pushing for this."
Huang Renxun also pointed out that the collaboration between Nvidia and OpenAI requires the world's top AI experts, and immigration policies will directly affect the technological competitiveness of companies.
Altman praises: Simplifying the process and providing financial incentives are good things
Altman, who was also interviewed, also gave a positive response. He said:
"We need to get the brightest minds into the United States, and streamlining that process and providing clear financial incentives is a good thing to me."
Altman believes that clear economic incentives can accelerate the influx of high-end talent into the United States to engage in AI and cutting-edge technology research.
Nvidia also announced a 100 billion yuan investment in OpenAI.
In addition to the topic of immigration policy, Huang Renxun and Altman also announced that Nvidia will invest $100 billion in OpenAI to help build a large-scale data center centered around Nvidia's AI chips. The total value could reach hundreds of billions of dollars and is seen as a key to promoting global AI development.
The article Jensen Huang and Sam Altman: We welcome Trump's H-1B policy, which will help attract global talent first appeared on ABMedia ABMedia .
