Jensen Huang said Nvidia would stop selling chips to a customer developing unsafe AI. He called AI infrastructure like electricity and water. He said AI safety and capability are one conversation. He said token costs are falling by 30 to 40 times per year. He said AI is now profitable and productive for frontier labs. He said sovereign AI means controlling data and avoiding denial of service. He said the industry’s narrative is out of control and needs to change. He said Nvidia would first talk to a customer before halting sales.