Nvidia CEO Jensen Huang said the company had invested US$8 billion in Europe over the past year. (EPA Images pic)STOCKHOLM: Artificial intelligence (AI) will ultimately become a key aspect of all companies, the head of AI chip giant Nvidia said during a visit to Stockholm, where he urged Europe to ramp up its AI industry.

"Every single company will be an AI company eventually. Every single industry will be impacted by AI," Jensen Huang told an event late Thursday, part of a European tour that includes a Nvidia-hosted conference in Berlin next week.

"The important thing for us is to recognise that Europe needs to build out the entire stack," he said, referring to the AI technology chain from data centres to chatbots and other apps.